Tavia Acquisition Corp. (NASDAQ:TAVIU – Get Free Report) was the recipient of a significant decline in short interest in September. As of September 30th, there was short interest totaling 95 shares, a decline of 37.9% from the September 15th total of 153 shares. Based on an average daily trading volume, of 30 shares, the days-to-cover ratio is presently 3.2 days.
Tavia Acquisition Stock Performance
TAVIU stock remained flat at $10.85 on Friday. The company has a 50 day simple moving average of $10.84 and a two-hundred day simple moving average of $10.82. Tavia Acquisition has a fifty-two week low of $10.39 and a fifty-two week high of $16.07.
About Tavia Acquisition
Tavia Acquisition Corp. is a special purpose acquisition company (SPAC) organized to identify and complete a business combination with one or more operating companies. Its potential transaction may take the form of a merger, share exchange, asset acquisition, share purchase, reorganization or similar combination.
As a blank-check company, Tavia Acquisition does not have established commercial products, operating divisions or a defined geographic customer base. Its activities are primarily focused on evaluating potential acquisition opportunities and completing an initial business combination.
The company’s securities trade on the Nasdaq under the TAVIU symbol for its units.
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