Silicon Valley Acquisition Corp. (NASDAQ:SVAQ) Short Interest Update

Silicon Valley Acquisition Corp. (NASDAQ:SVAQ) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 6,893 shares, a growth of 250.8% from the June 15th total of 1,965 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 160,768 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings started coverage on Silicon Valley Acquisition in a report on Friday, June 12th. They set a “sell (e)” rating on the stock. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Silicon Valley Acquisition has an average rating of “Sell”.

Silicon Valley Acquisition Price Performance

Shares of NASDAQ SVAQ traded up $0.01 on Tuesday, reaching $10.09. 25,255 shares of the company traded hands, compared to its average volume of 80,681. Silicon Valley Acquisition has a fifty-two week low of $9.86 and a fifty-two week high of $10.16. The firm’s 50 day moving average is $10.01.

Silicon Valley Acquisition Company Profile

Silicon Valley Acquisition Corp is a blank check company.