Tavia Acquisition Corp. (NASDAQ:TAVIU – Get Free Report) was the recipient of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 95 shares, a drop of 37.9% from the September 15th total of 153 shares. Based on an average daily volume of 30 shares, the days-to-cover ratio is currently 3.2 days.
Tavia Acquisition Price Performance
TAVIU remained flat at $10.85 during trading on Friday. The business has a fifty day simple moving average of $10.84 and a 200-day simple moving average of $10.82. Tavia Acquisition has a 1-year low of $10.39 and a 1-year high of $16.07.
About Tavia Acquisition
Tavia Acquisition Corp. is a special purpose acquisition company (SPAC) organized to identify and complete a business combination with one or more operating companies. Its potential transaction may take the form of a merger, share exchange, asset acquisition, share purchase, reorganization or similar combination.
As a blank-check company, Tavia Acquisition does not have established commercial products, operating divisions or a defined geographic customer base. Its activities are primarily focused on evaluating potential acquisition opportunities and completing an initial business combination.
The company’s securities trade on the Nasdaq under the TAVIU symbol for its units.
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