CrossingBridge Pre-Merger SPAC ETF (NASDAQ:SPC) Short Interest Update

CrossingBridge Pre-Merger SPAC ETF (NASDAQ:SPC) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 17,200 shares, a growth of 437.5% from the May 31st total of 3,200 shares. Based on an average daily volume of 12,900 shares, the short-interest ratio is currently 1.3 days.

CrossingBridge Pre-Merger SPAC ETF Trading Down 0.0 %

Shares of NASDAQ:SPC traded down 0.01 during trading on Friday, reaching 21.65. 13,979 shares of the stock were exchanged, compared to its average volume of 13,065. CrossingBridge Pre-Merger SPAC ETF has a 12 month low of 21.10 and a 12 month high of 22.14. The firm has a market cap of $71.45 million, a PE ratio of 33.01 and a beta of 0.03. The stock has a 50-day moving average price of 21.57 and a 200-day moving average price of 21.45.

Institutional Investors Weigh In On CrossingBridge Pre-Merger SPAC ETF

An institutional investor recently bought a new position in CrossingBridge Pre-Merger SPAC ETF stock. Cohanzick Management LLC purchased a new stake in CrossingBridge Pre-Merger SPAC ETF (NASDAQ:SPC) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 16,296 shares of the company’s stock, valued at approximately $338,000. Cohanzick Management LLC owned approximately 0.49% of CrossingBridge Pre-Merger SPAC ETF at the end of the most recent quarter.

CrossingBridge Pre-Merger SPAC ETF Company Profile

The CrossingBridge Pre-Merger SPAC ETF (SPC) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that invests in pre-merger Special Purpose Acquisitions Companies. SPC was launched on Sep 21, 2021 and is issued by CrossingBridge Funds.