Short Interest in CrossingBridge Pre-Merger SPAC ETF (NASDAQ:SPC) Expands By 20.0%

CrossingBridge Pre-Merger SPAC ETF (NASDAQ:SPCGet Free Report) was the recipient of a significant increase in short interest during the month of April. As of April 30th, there was short interest totalling 2,400 shares, an increase of 20.0% from the April 15th total of 2,000 shares. Based on an average daily trading volume, of 13,500 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On CrossingBridge Pre-Merger SPAC ETF

An institutional investor recently bought a new position in CrossingBridge Pre-Merger SPAC ETF stock. Cohanzick Management LLC bought a new stake in shares of CrossingBridge Pre-Merger SPAC ETF (NASDAQ:SPCFree Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 16,296 shares of the company’s stock, valued at approximately $338,000. Cohanzick Management LLC owned 0.49% of CrossingBridge Pre-Merger SPAC ETF as of its most recent SEC filing.

CrossingBridge Pre-Merger SPAC ETF Stock Up 0.2 %

CrossingBridge Pre-Merger SPAC ETF stock traded up 0.04 during mid-day trading on Wednesday, hitting 21.56. The company’s stock had a trading volume of 5,669 shares, compared to its average volume of 13,701. The stock has a market capitalization of $71.15 million, a P/E ratio of 33.01 and a beta of 0.03. CrossingBridge Pre-Merger SPAC ETF has a twelve month low of 21.10 and a twelve month high of 22.14. The stock’s fifty day moving average price is 21.45 and its two-hundred day moving average price is 21.50.

CrossingBridge Pre-Merger SPAC ETF Company Profile

(Get Free Report)

The CrossingBridge Pre-Merger SPAC ETF (SPC) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that invests in pre-merger Special Purpose Acquisitions Companies. SPC was launched on Sep 21, 2021 and is issued by CrossingBridge Funds.

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