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 during 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 trading volume, of 12,900 shares, the short-interest ratio is presently 1.3 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in CrossingBridge Pre-Merger SPAC ETF stock. Cohanzick Management LLC acquired a new stake in shares of CrossingBridge Pre-Merger SPAC ETF (NASDAQ:SPC) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 16,296 shares of the company’s stock, valued at approximately $338,000. Cohanzick Management LLC owned about 0.49% of CrossingBridge Pre-Merger SPAC ETF as of its most recent SEC filing.

CrossingBridge Pre-Merger SPAC ETF Stock Down 0.0 %

CrossingBridge Pre-Merger SPAC ETF stock traded down 0.01 during trading hours on Friday, hitting 21.65. The stock had a trading volume of 13,979 shares, compared to its average volume of 13,065. The stock has a market capitalization of $71.45 million, a P/E ratio of 33.01 and a beta of 0.03. CrossingBridge Pre-Merger SPAC ETF has a 12-month low of 21.10 and a 12-month high of 22.14. The stock’s 50-day moving average price is 21.57 and its 200-day moving average price is 21.45.

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.