Spear Alpha ETF (NASDAQ:SPRX) Short Interest Update

Spear Alpha ETF (NASDAQ:SPRX) was the target of a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 2,200 shares, a decline of 86.3% from the October 15th total of 16,000 shares. Based on an average daily volume of 25,300 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of Spear Alpha ETF

A hedge fund recently bought a new stake in Spear Alpha ETF stock. NBC Securities Inc. acquired a new stake in Spear Alpha ETF (NASDAQ:SPRX) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund 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 filing with the Securities and Exchange Commission.

Spear Alpha ETF Stock Up 1.0 %

NASDAQ:SPRX traded up $0.26 during trading hours on Wednesday, reaching $25.24. 3,339 shares of the stock were exchanged, compared to its average volume of 69,293. The business has a 50-day moving average of $23.06 and a two-hundred day moving average of $22.71. Spear Alpha ETF has a twelve month low of $18.02 and a twelve month high of $25.66. The company has a market capitalization of $54.27 million, a price-to-earnings ratio of 38.40 and a beta of 1.21.

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.