Tavia Acquisition Corp. (NASDAQ:TAVIU – Get Free Report) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 95 shares, a decrease of 37.9% from the September 15th total of 153 shares. Based on an average trading volume of 30 shares, the days-to-cover ratio is presently 3.2 days.
Tavia Acquisition Stock Performance
Tavia Acquisition stock traded down $0.03 during midday trading on Friday, hitting $10.82. Tavia Acquisition has a twelve month low of $10.39 and a twelve month high of $16.07. The company has a fifty day moving average price of $10.84 and a 200 day moving average price of $10.82.
About Tavia Acquisition
Tavia Acquisition Corp. is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with an operating company. Rather than conducting commercial operations of its own, the company’s principal objective is to raise capital through a public offering and use those funds, together with other financing, to pursue a merger, acquisition, share exchange, or similar transaction.
The company’s securities trade on the Nasdaq under the symbol TAVIU, which represents its publicly offered units.
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