(SPC) CrossingBridge Pre-Merger - Ratings and Ratios

The CrossingBridge Pre-Merger SPAC ETF (NASDAQ: SPC) is an actively managed exchange-traded fund designed to capitalize on the growing SPAC market. Under normal market conditions, the fund allocates at least 80% of its net assets and borrowings to common stocks and units of Special Purpose Acquisition Companies (SPACs) that have not yet completed a merger or business combination approved by shareholders. The funds strategy focuses on identifying SPACs trading at or below their pro rata trust account value, aiming to mitigate potential risks associated with post-merger performance. As a non-diversified fund, it may concentrate its holdings in a limited number of SPACs, which can increase volatility but also offers targeted exposure to pre-merger opportunities.

Over the next three months, the ETF is expected to maintain a stable trading range, with prices fluctuating near the current level of $20.93. The low Average True Range (ATR) of 0.07 suggests minimal volatility, and the convergence of short-term (SMA 20: 20.84) and medium-term (SMA 50: 20.76) moving averages indicates a sideways trend. The funds assets under management (AUM) of $33.19M reflect a moderate scale, which may support liquidity despite the relatively low average daily volume of 7,742 shares. Overall, the technical and fundamental data point to a conservative outlook with limited upside or downside potential in the near term.