Short Interest in Tavia Acquisition Corp. (NASDAQ:TAVI) Expands By 75.0%

Tavia Acquisition Corp. (NASDAQ:TAVI) was the target of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 231 shares, a growth of 75.0% from the July 30th total of 132 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 2,833 shares, the short-interest ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised Tavia Acquisition from a “sell (d)” rating to a “sell (d+)” rating in a research report on Tuesday, August 18th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

Institutional Investors Weigh In On Tavia Acquisition

Several institutional investors and hedge funds have recently added to or reduced their stakes in TAVI. Berkley W R Corp boosted its stake in shares of Tavia Acquisition by 0.8% in the fourth quarter. Berkley W R Corp now owns 212,881 shares of the company’s stock worth $2,220,000 after acquiring an additional 1,763 shares during the last quarter. Mangrove Partners IM LLC raised its stake in Tavia Acquisition by 4.7% in the 3rd quarter. Mangrove Partners IM LLC now owns 56,411 shares of the company’s stock valued at $583,000 after purchasing an additional 2,511 shares during the last quarter. Radcliffe Capital Management L.P. lifted its holdings in Tavia Acquisition by 2.8% in the 4th quarter. Radcliffe Capital Management L.P. now owns 101,709 shares of the company’s stock valued at $1,061,000 after purchasing an additional 2,801 shares in the last quarter. ABC Arbitrage SA acquired a new stake in Tavia Acquisition during the 4th quarter worth $163,000. Finally, Moore Capital Management LP acquired a new stake in Tavia Acquisition during the 2nd quarter worth $514,000.

Tavia Acquisition Trading Up 0.5%

Tavia Acquisition stock opened at $10.75 on Wednesday. The business’s 50-day simple moving average is $10.75 and its two-hundred day simple moving average is $10.64. Tavia Acquisition has a fifty-two week low of $10.28 and a fifty-two week high of $11.91.

Tavia Acquisition (NASDAQ:TAVI) last posted its earnings results on Wednesday, August 12th. The company reported ($0.03) earnings per share (EPS) for the quarter.

About Tavia Acquisition

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.