Short Interest in Silicon Valley Acquisition Corp. (NASDAQ:SVAQ) Drops By 36.6%

Silicon Valley Acquisition Corp. (NASDAQ:SVAQGet Free Report) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totaling 4,367 shares, a decrease of 36.6% from the June 30th total of 6,893 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 144,978 shares, the days-to-cover ratio is currently 0.0 days.

Silicon Valley Acquisition Stock Down 0.0%

Shares of SVAQ opened at $10.02 on Thursday. Silicon Valley Acquisition has a 52 week low of $9.86 and a 52 week high of $10.16. The business has a 50 day moving average price of $10.04.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings started coverage on shares of Silicon Valley Acquisition in a research report on Friday, June 12th. They set a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

Get Our Latest Stock Analysis on SVAQ

Silicon Valley Acquisition Company Profile

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Silicon Valley Acquisition Corp is a blank check company.

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