Spear Alpha ETF (NASDAQ:SPRX) Short Interest Update

Spear Alpha ETF (NASDAQ:SPRX) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totalling 2,000 shares, a decline of 20.0% from the August 31st total of 2,500 shares. Based on an average trading volume of 42,000 shares, the days-to-cover ratio is currently 0.0 days.

Spear Alpha ETF Stock Down 1.0 %

Shares of Spear Alpha ETF stock traded down $0.23 during trading on Friday, reaching $22.72. The company’s stock had a trading volume of 14,964 shares, compared to its average volume of 77,793. The business’s 50-day moving average price is $21.67 and its 200-day moving average price is $22.49. The firm has a market cap of $61.34 million, a PE ratio of 38.40 and a beta of 1.21. Spear Alpha ETF has a 52 week low of $15.55 and a 52 week high of $25.66.

About Spear Alpha ETF

The Spear Alpha ETF (SPRX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively invests in global thematic companies it believes will benefit from breakthrough innovations in the industrial and technology space. SPRX was launched on Aug 2, 2021 and is managed by Spear.