Texas Ventures Acquisition III Corp (NASDAQ:TVACU) Short Interest Up 137.5% in May

Texas Ventures Acquisition III Corp (NASDAQ:TVACU) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 886 shares, a growth of 137.5% from the April 30th total of 373 shares. Based on an average trading volume of 530 shares, the days-to-cover ratio is presently 1.7 days.

Institutional Investors Weigh In On Texas Ventures Acquisition III

Several institutional investors and hedge funds have recently bought and sold shares of TVACU. JPMorgan Chase & Co. bought a new stake in Texas Ventures Acquisition III in the 2nd quarter valued at $257,000. Clear Street Group Inc. bought a new stake in Texas Ventures Acquisition III in the 3rd quarter valued at $485,000. Finally, Boothbay Fund Management LLC bought a new stake in Texas Ventures Acquisition III in the 2nd quarter valued at $666,000.

Texas Ventures Acquisition III Stock Performance

Texas Ventures Acquisition III stock remained flat at $10.68 on Friday. The stock has a fifty day moving average of $10.76 and a two-hundred day moving average of $11.03. Texas Ventures Acquisition III has a twelve month low of $10.08 and a twelve month high of $12.72.

Texas Ventures Acquisition III Company Profile

We are a newly incorporated Cayman Islands exempted company structured as a blank check company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. To date, our efforts have been limited to organizational activities and activities related to this offering. We have not selected any potential business combination target, and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any potential target regarding entering into a business combination with us.