Spark I Acquisition Co. (NASDAQ:SPKL - Get Free Report)'s share price rose 0.2% during trading on Monday . The stock traded as high as $10.59 and last traded at $10.55. Approximately 8,681 shares were traded during trading, a decline of 74% from the average daily volume of 33,159 shares. The stock had previously closed at $10.53.
Spark I Acquisition Stock Performance
The firm's fifty day moving average price is $10.48 and its 200 day moving average price is $10.39.
Institutional Investors Weigh In On Spark I Acquisition
A hedge fund recently raised its stake in Spark I Acquisition stock. Wealthspring Capital LLC raised its holdings in Spark I Acquisition Co. (NASDAQ:SPKL - Free Report) by 33.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 133,378 shares of the company's stock after buying an additional 33,378 shares during the period. Spark I Acquisition accounts for about 1.6% of Wealthspring Capital LLC's portfolio, making the stock its 22nd largest holding. Wealthspring Capital LLC owned about 0.81% of Spark I Acquisition worth $1,368,000 as of its most recent SEC filing. 34.90% of the stock is owned by institutional investors and hedge funds.
Spark I Acquisition Company Profile
(
Get Free Report)
Spark I Acquisition Corporation does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar combination with one or more businesses or assets. The company was incorporated in 2021 and is based in Palo Alto, California.
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