Tavia Acquisition Corp. (NASDAQ:TAVIU) Sees Significant Decrease in Short Interest

Tavia Acquisition Corp. (NASDAQ:TAVIUGet Free Report) saw a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 5 shares, a drop of 94.3% from the May 14th total of 88 shares. Based on an average daily trading volume, of 1,209 shares, the days-to-cover ratio is presently 0.0 days.

Tavia Acquisition Stock Performance

Shares of TAVIU traded down $0.05 on Tuesday, reaching $11.20. The company’s stock had a trading volume of 629 shares, compared to its average volume of 2,338. The stock’s 50 day simple moving average is $10.80 and its two-hundred day simple moving average is $10.63. Tavia Acquisition has a 12-month low of $10.40 and a 12-month high of $11.90.

Tavia Acquisition Company Profile

(Get Free Report)

We are a blank check company incorporated on March 7, 2024, as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination, which we refer to throughout this prospectus as our “business combination” or “initial business combination,” with one or more businesses or entities, which we refer to throughout this prospectus as a “target business” or “target businesses”. While we will consider opportunities in any industry, we are strategically positioned to capitalize on transformative opportunities, focusing on sectors that are pivotal to advancing sustainability and innovation.

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