Robinson Alternative Yield Pre-Merger SPAC ETF (NYSEARCA:SPAX) Trading Up 0.2% – Here’s What Happened

Robinson Alternative Yield Pre-Merger SPAC ETF (NYSEARCA:SPAXGet Free Report) shares were up 0.2% during trading on Thursday . The stock traded as high as $20.36 and last traded at $20.33. Approximately 698 shares were traded during trading, a decline of 80% from the average daily volume of 3,504 shares. The stock had previously closed at $20.29.

Robinson Alternative Yield Pre-Merger SPAC ETF Price Performance

The company’s 50 day moving average price is $20.34 and its 200 day moving average price is $20.36. The firm has a market capitalization of $14.22 million, a P/E ratio of 33.99 and a beta of 0.04.

Robinson Alternative Yield Pre-Merger SPAC ETF Company Profile

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The Robinson Alternative Yield Pre-Merger SPAC ETF (SPAX) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed fund of small-cap, US-listed SPACs the advisor expects to experience a spike in price in the future. SPAX was launched on Jun 22, 2021 and is managed by Robinson.

Further Reading

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