SPAC and New Issue ETF (NASDAQ:SPCX) Short Interest Update

SPAC and New Issue ETF (NASDAQ:SPCX) saw a large growth in short interest in March. As of March 31st, there was short interest totalling 34,000 shares, a growth of 300.0% from the March 15th total of 8,500 shares. Based on an average trading volume of 341,200 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of SPAC and New Issue ETF

An institutional investor recently bought a new position in SPAC and New Issue ETF stock. SkyView Investment Advisors LLC acquired a new stake in SPAC and New Issue ETF (NASDAQ:SPCX) during the first quarter, according to its most recent filing with the SEC. The firm acquired 14,601 shares of the company’s stock, valued at approximately $349,000. SkyView Investment Advisors LLC owned about 1.62% of SPAC and New Issue ETF at the end of the most recent reporting period.

SPAC and New Issue ETF Stock Up 0.3 %

Shares of NASDAQ SPCX opened at $23.22 on Thursday. The business has a 50-day moving average of $23.17 and a two-hundred day moving average of $23.28. SPAC and New Issue ETF has a 1 year low of $21.60 and a 1 year high of $24.21.

SPAC and New Issue ETF Company Profile

The AXS SPAC and New Issue ETF (SPCX) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund that aims to provide a broad exposure to Special Purpose Acquisitions Corporations (SPACs) and newly-listed firms. SPCX was launched on Dec 16, 2020 and is managed by AXS Investments.