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

CrossingBridge Pre-Merger SPAC ETF (NASDAQ:SPC) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totalling 1,400 shares, an increase of 180.0% from the November 30th total of 500 shares. Based on an average daily volume of 15,300 shares, the days-to-cover ratio is presently 0.1 days.

CrossingBridge Pre-Merger SPAC ETF Stock Down 0.3 %

CrossingBridge Pre-Merger SPAC ETF stock opened at $20.66 on Friday. CrossingBridge Pre-Merger SPAC ETF has a 52-week low of $20.65 and a 52-week high of $21.87. The firm’s fifty day moving average is $21.65 and its 200 day moving average is $21.68. The company has a market cap of $66.11 million, a price-to-earnings ratio of 33.01 and a beta of 0.03.

CrossingBridge Pre-Merger SPAC ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Thursday, December 26th were issued a $1.1235 dividend. This is an increase from CrossingBridge Pre-Merger SPAC ETF’s previous dividend of $0.22. The ex-dividend date of this dividend was Thursday, December 26th.

About CrossingBridge Pre-Merger SPAC ETF

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.