Silicon Valley Acquisition Corp. (NASDAQ:SVAQ – Get Free Report) was the recipient of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 779 shares, a decrease of 76.7% from the July 30th total of 3,348 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 35,494 shares, the short-interest ratio is presently 0.0 days.
Silicon Valley Acquisition Stock Performance
Shares of SVAQ opened at $10.05 on Friday. The company has a 50-day moving average of $10.05. Silicon Valley Acquisition has a fifty-two week low of $9.86 and a fifty-two week high of $10.16.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings upgraded Silicon Valley Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research note on Monday, August 3rd. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of “Sell”.
Check Out Our Latest Analysis on SVAQ
Silicon Valley Acquisition Company Profile
Silicon Valley Acquisition Corp is a blank check company.
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