Short Interest in Horizon Kinetics SPAC Active ETF (NASDAQ:SPAQ) Decreases By 96.0%

Horizon Kinetics SPAC Active ETF (NASDAQ:SPAQ) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totaling 4 shares, a decline of 96.0% from the May 31st total of 100 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 37 shares, the days-to-cover ratio is currently 0.1 days.

Horizon Kinetics SPAC Active ETF Trading Down 0.0%

Shares of SPAQ opened at $93.66 on Friday. Horizon Kinetics SPAC Active ETF has a 12 month low of $89.43 and a 12 month high of $108.25. The firm has a fifty day simple moving average of $92.57 and a 200 day simple moving average of $92.86. The stock has a market capitalization of $10.30 million, a price-to-earnings ratio of 62.97 and a beta of 0.07.

About Horizon Kinetics SPAC Active ETF

The Horizon Kinetics SPAC Active ETF (SPAQ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to provide exposure to globally listed, pre-combination special purpose acquisition companies (SPACs) of any capitalization. SPAQ was launched on Jan 27, 2023 and is managed by Horizon Kinetics.