Texas Ventures Acquisition IV Corp (NASDAQ:TVIV – Get Free Report) was the target of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 323 shares, a drop of 47.0% from the September 15th total of 609 shares. Based on an average trading volume of 47,635 shares, the short-interest ratio is currently 0.0 days.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings started coverage on shares of Texas Ventures Acquisition IV in a research report on Tuesday, October 6th. They set a “sell (e)” rating on the stock. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, Texas Ventures Acquisition IV has a consensus rating of “Sell”.
Get Our Latest Analysis on TVIV
Texas Ventures Acquisition IV Stock Up 0.0%
Shares of NASDAQ TVIV traded up $0.00 during trading hours on Friday, hitting $9.95. 834 shares of the stock were exchanged, compared to its average volume of 44,736. Texas Ventures Acquisition IV has a 12 month low of $9.85 and a 12 month high of $9.97. The firm’s fifty day simple moving average is $9.93.
About Texas Ventures Acquisition IV
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.
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