Short Interest in CrossingBridge Pre-Merger SPAC ETF (NASDAQ:SPC) Grows By 180.0%

Posted by ABMN Staff on Dec 27th, 2024

CrossingBridge Pre-Merger SPAC ETF (NASDAQ:SPC – Get Free Report) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 1,400 shares, an increase of 180.0% from the November 30th total of 500 shares. Based on an average trading volume of 15,300 shares, the short-interest ratio is currently 0.1 days.

CrossingBridge Pre-Merger SPAC ETF Stock Performance

Shares of SPC opened at $20.72 on Friday. The firm has a market cap of $66.30 million, a price-to-earnings ratio of 33.01 and a beta of 0.03. CrossingBridge Pre-Merger SPAC ETF has a 52-week low of $20.66 and a 52-week high of $21.87. The business’s fifty day moving average is $21.68 and its 200-day moving average is $21.69.

CrossingBridge Pre-Merger SPAC ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, December 27th. Stockholders of record on Thursday, December 26th will be paid a dividend of $1.1235 per share. This is a positive change from CrossingBridge Pre-Merger SPAC ETF’s previous dividend of $0.22. The ex-dividend date of this dividend is Thursday, December 26th.

About CrossingBridge Pre-Merger SPAC ETF

(Get Free Report)

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.