Spear Alpha ETF (NASDAQ:SPRX) Short Interest Up 30.0% in September

Spear Alpha ETF (NASDAQ:SPRX) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 2,600 shares, an increase of 30.0% from the September 15th total of 2,000 shares. Based on an average daily volume of 36,900 shares, the short-interest ratio is presently 0.1 days.

Spear Alpha ETF Stock Down 2.3 %

SPRX traded down $0.56 during trading on Tuesday, hitting $23.88. The company’s stock had a trading volume of 14,748 shares, compared to its average volume of 74,561. The firm has a market cap of $54.92 million, a PE ratio of 38.40 and a beta of 1.21. Spear Alpha ETF has a one year low of $15.55 and a one year high of $25.66. The business’s 50 day simple moving average is $22.13 and its 200-day simple moving average is $22.46.

Institutional Investors Weigh In On Spear Alpha ETF

An institutional investor recently bought a new position in Spear Alpha ETF stock. NBC Securities Inc. purchased a new stake in Spear Alpha ETF (NASDAQ:SPRX) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 2,000 shares of the company’s stock, valued at approximately $45,000. NBC Securities Inc. owned approximately 0.09% of Spear Alpha ETF as of its most recent filing with the SEC.

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.