Sona Asset Management US LLC Makes New $1.06 Million Investment in Tavia Acquisition Corp. $TAVI

Sona Asset Management US LLC acquired a new position in shares of Tavia Acquisition Corp. (NASDAQ:TAVIFree Report) during the first quarter, Holdings Channel reports. The institutional investor acquired 100,000 shares of the company’s stock, valued at approximately $1,056,000.

Several other institutional investors have also recently made changes to their positions in the company. Berkley W R Corp lifted its stake in shares of Tavia Acquisition by 0.8% in the 4th quarter. Berkley W R Corp now owns 212,881 shares of the company’s stock valued at $2,220,000 after purchasing an additional 1,763 shares during the period. Mangrove Partners IM LLC grew its position in Tavia Acquisition by 4.7% during the third quarter. Mangrove Partners IM LLC now owns 56,411 shares of the company’s stock valued at $583,000 after buying an additional 2,511 shares during the period. Radcliffe Capital Management L.P. grew its position in Tavia Acquisition by 2.8% during the fourth quarter. Radcliffe Capital Management L.P. now owns 101,709 shares of the company’s stock valued at $1,061,000 after buying an additional 2,801 shares during the period. ABC Arbitrage SA purchased a new position in Tavia Acquisition in the fourth quarter valued at $163,000. Finally, Moore Capital Management LP purchased a new position in Tavia Acquisition in the second quarter valued at $514,000.

Tavia Acquisition Price Performance

Shares of TAVI opened at $10.69 on Monday. Tavia Acquisition Corp. has a 12 month low of $10.26 and a 12 month high of $11.91. The stock’s 50 day moving average is $10.70 and its two-hundred day moving average is $10.59.

Tavia Acquisition (NASDAQ:TAVIGet Free Report) last announced its earnings results on Monday, March 16th. The company reported $0.06 earnings per share for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Tavia Acquisition in a research note on Tuesday, June 30th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

Read Our Latest Stock Report on Tavia Acquisition

Tavia Acquisition Profile

(Free Report)

Tavia Acquisition Corp. is a blank check company, which engages in the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was founded on March 7, 2024 and is headquartered in Newark, DE.

Further Reading

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Institutional Ownership by Quarter for Tavia Acquisition (NASDAQ:TAVI)

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