Texas Ventures Acquisition III (NASDAQ:TVACU) Trading 0% Higher – Here’s What Happened

Texas Ventures Acquisition III Corp (NASDAQ:TVACU)’s stock price rose 0% during mid-day trading on Friday . The stock traded as high as $10.68 and last traded at $10.6810. Approximately 1,810 shares changed hands during mid-day trading, an increase of 55% from the average daily volume of 1,166 shares. The stock had previously closed at $10.68.

Texas Ventures Acquisition III Trading Up 0.0%

The firm has a fifty day simple moving average of $10.76 and a 200 day simple moving average of $11.03.

Institutional Trading of Texas Ventures Acquisition III

Institutional investors and hedge funds have recently made changes to their positions in the company. Clear Street Group Inc. lifted its stake in Texas Ventures Acquisition III by 66.3% in the fourth quarter. Clear Street Group Inc. now owns 71,493 shares of the company’s stock worth $786,000 after acquiring an additional 28,493 shares during the period. Boothbay Fund Management LLC purchased a new position in Texas Ventures Acquisition III during the 2nd quarter valued at about $666,000. Finally, JPMorgan Chase & Co. bought a new stake in shares of Texas Ventures Acquisition III in the 2nd quarter valued at about $257,000.

About Texas Ventures Acquisition III

We are a newly incorporated Cayman Islands exempted company structured as a blank check company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. To date, our efforts have been limited to organizational activities and activities related to this offering. We have not selected any potential business combination target, and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any potential target regarding entering into a business combination with us.