CrossingBridge Pre-Merger SPAC ETF (NASDAQ:SPC) Short Interest Down 76.3% in November

CrossingBridge Pre-Merger SPAC ETF (NASDAQ:SPC) was the target of a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 1,400 shares, a decrease of 76.3% from the October 31st total of 5,900 shares. Based on an average daily volume of 12,200 shares, the short-interest ratio is currently 0.1 days.

CrossingBridge Pre-Merger SPAC ETF Stock Down 0.1 %

SPC traded down 0.02 during trading hours on Thursday, hitting 21.67. The stock had a trading volume of 27,500 shares, compared to its average volume of 12,723. CrossingBridge Pre-Merger SPAC ETF has a 1 year low of 21.10 and a 1 year high of 21.98. The company’s fifty day simple moving average is 21.63 and its 200 day simple moving average is 21.67. The stock has a market cap of $69.34 million, a PE ratio of 33.01 and a beta of 0.03.

CrossingBridge Pre-Merger SPAC ETF Increases Dividend

The firm also recently declared a None dividend, which was paid on Wednesday, September 25th. Investors of record on Tuesday, September 24th were paid a dividend of $0.3441 per share. This is a boost from CrossingBridge Pre-Merger SPAC ETF’s previous None dividend of $0.22. The ex-dividend date was Tuesday, September 24th.

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.