Spear Alpha ETF (NASDAQ:SPRX) Short Interest Down 45.7% in August

Spear Alpha ETF (NASDAQ:SPRX) saw a large decrease in short interest in the month of August. As of August 31st, there was short interest totalling 2,500 shares, a decrease of 45.7% from the August 15th total of 4,600 shares. Based on an average daily trading volume, of 44,100 shares, the days-to-cover ratio is currently 0.1 days.

Spear Alpha ETF Stock Up 0.9 %

Shares of NASDAQ:SPRX traded up $0.19 during midday trading on Friday, reaching $21.63. The company’s stock had a trading volume of 18,972 shares, compared to its average volume of 80,862. The stock has a fifty day moving average of $21.88 and a 200 day moving average of $22.63. Spear Alpha ETF has a twelve month low of $15.55 and a twelve month high of $25.66. The firm has a market capitalization of $58.40 million, a PE ratio of 38.40 and a beta of 1.21.

Spear Alpha ETF Company Profile

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.