Tavia Acquisition Corp. (NASDAQ:TAVI) Short Interest Update

Tavia Acquisition Corp. (NASDAQ:TAVI) was the recipient of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 997 shares, a decline of 52.9% from the June 15th total of 2,118 shares. Based on an average daily volume of 2,849 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s shares are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Tavia Acquisition in a research report on Tuesday, June 30th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

Hedge Funds Weigh In On Tavia Acquisition

Several hedge funds have recently added to or reduced their stakes in TAVI. Berkley W R Corp grew its holdings in Tavia Acquisition by 0.8% during the fourth quarter. Berkley W R Corp now owns 212,881 shares of the company’s stock valued at $2,220,000 after purchasing an additional 1,763 shares during the period. Clear Street Group Inc. acquired a new stake in Tavia Acquisition in the third quarter worth $25,000. Mangrove Partners IM LLC raised its holdings in Tavia Acquisition by 4.7% in the third quarter. Mangrove Partners IM LLC now owns 56,411 shares of the company’s stock worth $583,000 after purchasing an additional 2,511 shares during the period. Radcliffe Capital Management L.P. boosted its position in shares of Tavia Acquisition by 2.8% during the fourth quarter. Radcliffe Capital Management L.P. now owns 101,709 shares of the company’s stock worth $1,061,000 after purchasing an additional 2,801 shares in the last quarter. Finally, ABC Arbitrage SA bought a new position in shares of Tavia Acquisition during the fourth quarter worth $163,000.

Tavia Acquisition Trading Up 1.5%

Shares of TAVI traded up $0.16 on Wednesday, reaching $10.81. 418 shares of the company’s stock were exchanged, compared to its average volume of 1,912. The business has a 50 day moving average price of $10.65 and a two-hundred day moving average price of $10.56. Tavia Acquisition has a 12 month low of $10.24 and a 12 month high of $11.91.

Tavia Acquisition (NASDAQ:TAVI) last released its earnings results on Monday, March 16th. The company reported $0.06 EPS for the quarter.

Tavia Acquisition Company Profile

Tavia Acquisition Corp. is a blank check company, which engages in the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was founded on March 7, 2024 and is headquartered in Newark, DE.