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”.
Silicon Valley Acquisition Company Profile
Silicon Valley Acquisition Corp is a blank check company.
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