JVSPAC Acquisition Corp. (NASDAQ:JVSA) Short Interest Down 19.4% in March

JVSPAC Acquisition Corp. (NASDAQ:JVSA) was the target of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 2,500 shares, a decline of 19.4% from the February 28th total of 3,100 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 12,700 shares, the short-interest ratio is presently 0.2 days.

JVSPAC Acquisition Price Performance

NASDAQ:JVSA traded down $0.03 during mid-day trading on Tuesday, hitting $10.70. 29 shares of the company’s stock traded hands, compared to its average volume of 29,265. JVSPAC Acquisition has a 12 month low of $10.04 and a 12 month high of $10.72. The firm has a 50 day moving average of $10.63 and a two-hundred day moving average of $10.47.

Hedge Funds Weigh In On JVSPAC Acquisition

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Harraden Circle Investments LLC acquired a new stake in JVSPAC Acquisition during the fourth quarter worth about $1,563,000. Berkley W R Corp grew its holdings in shares of JVSPAC Acquisition by 68.7% during the 3rd quarter. Berkley W R Corp now owns 284,731 shares of the company’s stock worth $2,944,000 after purchasing an additional 115,978 shares in the last quarter. Shaolin Capital Management LLC increased its position in shares of JVSPAC Acquisition by 40.8% during the third quarter. Shaolin Capital Management LLC now owns 351,882 shares of the company’s stock valued at $3,638,000 after purchasing an additional 101,882 shares during the period. Toronto Dominion Bank acquired a new position in shares of JVSPAC Acquisition in the fourth quarter valued at $1,045,000. Finally, Wolverine Asset Management LLC lifted its position in JVSPAC Acquisition by 21.1% in the fourth quarter. Wolverine Asset Management LLC now owns 475,206 shares of the company’s stock worth $4,952,000 after purchasing an additional 82,867 shares during the period.

JVSPAC Acquisition Company Profile

JVSPAC Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Wan Chai, Hong Kong.