Spear Alpha ETF (NASDAQ:SPRX) Short Interest Up 30.0% in September

Spear Alpha ETF (NASDAQ:SPRX) was the target of a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 2,600 shares, a growth of 30.0% from the September 15th total of 2,000 shares. Based on an average daily volume of 36,900 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On Spear Alpha ETF

An institutional investor recently bought a new position in Spear Alpha ETF stock. NBC Securities Inc. acquired a new position in shares of Spear Alpha ETF (NASDAQ:SPRX) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 2,000 shares of the company’s stock, valued at approximately $45,000. NBC Securities Inc. owned 0.09% of Spear Alpha ETF as of its most recent SEC filing.

Spear Alpha ETF Price Performance

Shares of NASDAQ:SPRX traded down $0.56 during trading on Tuesday, hitting $23.88. The company had a trading volume of 14,748 shares, compared to its average volume of 74,561. The stock has a market cap of $54.92 million, a price-to-earnings ratio of 38.40 and a beta of 1.21. Spear Alpha ETF has a one year low of $15.55 and a one year high of $25.66. The company has a fifty day simple moving average of $22.13 and a two-hundred day simple moving average of $22.46.

Spear Alpha ETF Company Profile

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.