Spear Alpha ETF (NASDAQ:SPRX) Short Interest Down 25.1% in March

Spear Alpha ETF (NASDAQ:SPRX) saw a significant decline in short interest in March. As of March 15th, there was short interest totalling 57,100 shares, a decline of 25.1% from the February 28th total of 76,200 shares. Currently, 3.0% of the shares of the company are short sold. Based on an average daily volume of 41,400 shares, the short-interest ratio is presently 1.4 days.

Spear Alpha ETF Stock Down 3.0 %

Shares of SPRX opened at $20.19 on Friday. The business has a 50-day simple moving average of $25.01 and a two-hundred day simple moving average of $25.20. Spear Alpha ETF has a 52 week low of $18.05 and a 52 week high of $30.42. The stock has a market cap of $40.38 million, a price-to-earnings ratio of 33.15 and a beta of 1.35.

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.