Short Interest in Texas Ventures Acquisition IV Corp (NASDAQ:TVIVU) Drops By 99.8%

Texas Ventures Acquisition IV Corp (NASDAQ:TVIVUGet Free Report) was the recipient of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 1 shares, a decrease of 99.8% from the August 15th total of 525 shares. Based on an average trading volume of 300 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Texas Ventures Acquisition IV stock. BTG Pactual Asset Management US LLC bought a new stake in Texas Ventures Acquisition IV Corp (NASDAQ:TVIVUFree Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 186,531 shares of the company’s stock, valued at approximately $86,000.

Texas Ventures Acquisition IV Stock Performance

Shares of NASDAQ TVIVU traded down $0.26 during midday trading on Thursday, reaching $10.12. 4,537 shares of the company’s stock were exchanged, compared to its average volume of 46,048. Texas Ventures Acquisition IV has a 52-week low of $9.98 and a 52-week high of $10.39. The stock’s fifty day moving average price is $10.15.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded shares of Texas Ventures Acquisition IV to a “hold” rating in a research note on Saturday, June 27th.

Read Our Latest Research Report on TVIVU

Texas Ventures Acquisition IV Company Profile

(Get Free Report)

Texas Ventures Acquisition IV is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. As a special purpose acquisition company, it does not operate a traditional commercial business and instead focuses on identifying and completing an acquisition transaction.

The company was organized to pursue opportunities across a broad range of industries and geographic markets, depending on the terms of a potential transaction.

Featured Stories

Receive News & Ratings for Texas Ventures Acquisition IV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Texas Ventures Acquisition IV and related companies with MarketBeat.com's FREE daily email newsletter.