Silicon Valley Acquisition Corp. (NASDAQ:SVAQ – Get Free Report) saw a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 779 shares, a drop of 76.7% from the July 30th total of 3,348 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 35,494 shares, the days-to-cover ratio is presently 0.0 days.
Silicon Valley Acquisition Price Performance
Shares of NASDAQ:SVAQ remained flat at $10.04 during trading hours on Thursday. 962 shares of the company’s stock traded hands, compared to its average volume of 79,563. The firm has a fifty day moving average of $10.05. Silicon Valley Acquisition has a 12 month low of $9.86 and a 12 month high of $10.16.
Analyst Ratings Changes
Separately, Weiss Ratings upgraded shares of Silicon Valley Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research report on Monday, August 3rd. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.
Silicon Valley Acquisition Company Profile
Silicon Valley Acquisition Corp is a blank check company.
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