How to buy Silver Spike Acquisition stock - 07 March

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How to buy Silver Spike Acquisition stock

Own Silver Spike Acquisition stock in just a few minutes.

Fact checked

Silver Spike Acquisition Corp is a shell companies business based in the US. Silver Spike Acquisition shares (SSPK) are listed on the NASDAQ and all prices are listed in US Dollars.

How to buy shares in Silver Spike Acquisition

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Silver Spike Acquisition. Find the stock by name or ticker symbol: SSPK. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Silver Spike Acquisition reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Silver Spike Acquisition, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Silver Spike Acquisition. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Silver Spike Acquisition share price

Use our graph to track the performance of SSPK stocks over time.

Silver Spike Acquisition shares at a glance

Information last updated 2021-03-03.
52-week rangeUSD$9.51 - USD$29.5
50-day moving average USD$22.9059
200-day moving average USD$13.8546
Wall St. target priceN/A
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) N/A

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Silver Spike Acquisition stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Silver Spike Acquisition financials

Gross profit TTM USD$0
Return on assets TTM 0%
Return on equity TTM 0%
Profit margin 0%
Book value N/A
Market capitalisation USD$677.5 million

TTM: trailing 12 months

Shorting Silver Spike Acquisition shares

There are currently 682,790 Silver Spike Acquisition shares held short by investors – that's known as Silver Spike Acquisition's "short interest". This figure is 13.3% up from 602,868 last month.

There are a few different ways that this level of interest in shorting Silver Spike Acquisition shares can be evaluated.

Silver Spike Acquisition's "short interest ratio" (SIR)

Silver Spike Acquisition's "short interest ratio" (SIR) is the quantity of Silver Spike Acquisition shares currently shorted divided by the average quantity of Silver Spike Acquisition shares traded daily (recently around 1.5 million). Silver Spike Acquisition's SIR currently stands at 0.47. In other words for every 100,000 Silver Spike Acquisition shares traded daily on the market, roughly 470 shares are currently held short.

However Silver Spike Acquisition's short interest can also be evaluated against the total number of Silver Spike Acquisition shares, or, against the total number of tradable Silver Spike Acquisition shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Silver Spike Acquisition's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Silver Spike Acquisition shares in existence, roughly 20 shares are currently held short) or 0.0304% of the tradable shares (for every 100,000 tradable Silver Spike Acquisition shares, roughly 30 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Silver Spike Acquisition.

Find out more about how you can short Silver Spike Acquisition stock.

Silver Spike Acquisition share dividends

We're not expecting Silver Spike Acquisition to pay a dividend over the next 12 months.

Silver Spike Acquisition overview

Silver Spike Acquisition Corp. does not have significant operations. It intends to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses operating in the cannabis industry. Silver Spike Acquisition Corp. was founded in 2019 and is based in New York, New York.

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