CrossingBridge Pre-Merger SPAC ETF (NASDAQ:SPC) Short Interest Down 76.3% in November

CrossingBridge Pre-Merger SPAC ETF (NASDAQ:SPC) saw a large drop in short interest in November. As of November 15th, there was short interest totalling 1,400 shares, a drop of 76.3% from the October 31st total of 5,900 shares. Based on an average daily volume of 12,200 shares, the short-interest ratio is currently 0.1 days.

CrossingBridge Pre-Merger SPAC ETF Trading Down 0.1 %

SPC traded down 0.02 on Thursday, hitting 21.67. 27,500 shares of the company’s stock were exchanged, compared to its average volume of 12,723. CrossingBridge Pre-Merger SPAC ETF has a fifty-two week low of 21.10 and a fifty-two week high of 21.98. The stock has a market cap of $69.34 million, a price-to-earnings ratio of 33.01 and a beta of 0.03. The firm has a 50-day moving average price of 21.63 and a 200-day moving average price of 21.67.

CrossingBridge Pre-Merger SPAC ETF Increases Dividend

The firm also recently declared a None dividend, which was paid on Wednesday, September 25th. Investors of record on Tuesday, September 24th were given a dividend of $0.3441 per share. The ex-dividend date was Tuesday, September 24th. This is a positive change from CrossingBridge Pre-Merger SPAC ETF’s previous None dividend of $0.22.

About CrossingBridge Pre-Merger SPAC ETF

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.