Texas Ventures Acquisition III Corp (NASDAQ:TVACU) Short Interest Down 55.4% in July

Texas Ventures Acquisition III Corp (NASDAQ:TVACU) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 369 shares, a decrease of 55.4% from the June 30th total of 827 shares. Based on an average trading volume of 417 shares, the short-interest ratio is currently 0.9 days.

Texas Ventures Acquisition III Stock Performance

Shares of NASDAQ:TVACU opened at $10.71 on Tuesday. Texas Ventures Acquisition III has a 1-year low of $10.21 and a 1-year high of $12.72. The business has a fifty day moving average price of $10.81 and a 200-day moving average price of $10.89.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. JPMorgan Chase & Co. bought a new position in shares of Texas Ventures Acquisition III in the second quarter worth approximately $257,000. Boothbay Fund Management LLC bought a new position in Texas Ventures Acquisition III in the 2nd quarter valued at approximately $666,000. Finally, Clear Street Group Inc. increased its holdings in shares of Texas Ventures Acquisition III by 66.3% in the 4th quarter. Clear Street Group Inc. now owns 71,493 shares of the company’s stock worth $786,000 after purchasing an additional 28,493 shares in the last quarter.

Texas Ventures Acquisition III Company Profile

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.