Robinson Alternative Yield Pre-Merger SPAC ETF (NYSEARCA:SPAX – Get Free Report) shares rose 0.2% during mid-day trading on Thursday . The stock traded as high as $20.36 and last traded at $20.33. Approximately 698 shares changed hands during mid-day trading, a decline of 80% from the average daily volume of 3,504 shares. The stock had previously closed at $20.29.
Robinson Alternative Yield Pre-Merger SPAC ETF Stock Down 0.1 %
The firm has a 50 day simple moving average of $20.34 and a 200-day simple moving average of $20.36. The company has a market cap of $14.22 million, a PE ratio of 33.99 and a beta of 0.04.
About Robinson Alternative Yield Pre-Merger SPAC ETF
The Robinson Alternative Yield Pre-Merger SPAC ETF (SPAX) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed fund of small-cap, US-listed SPACs the advisor expects to experience a spike in price in the future. SPAX was launched on Jun 22, 2021 and is managed by Robinson.
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