JVSPAC Acquisition Corp. (NASDAQ:JVSA) Short Interest Update

JVSPAC Acquisition Corp. (NASDAQ:JVSA) was the target of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 2,500 shares, a decrease of 19.4% from the February 28th total of 3,100 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 12,700 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On JVSPAC Acquisition

Several institutional investors and hedge funds have recently modified their holdings of the business. Harraden Circle Investments LLC acquired a new position in shares of JVSPAC Acquisition in the fourth quarter valued at approximately $1,563,000. Berkley W R Corp raised its holdings in shares of JVSPAC Acquisition by 68.7% during the third quarter. Berkley W R Corp now owns 284,731 shares of the company’s stock worth $2,944,000 after acquiring an additional 115,978 shares during the period. Shaolin Capital Management LLC lifted its position in JVSPAC Acquisition by 40.8% in the 3rd quarter. Shaolin Capital Management LLC now owns 351,882 shares of the company’s stock valued at $3,638,000 after acquiring an additional 101,882 shares in the last quarter. Toronto Dominion Bank acquired a new position in JVSPAC Acquisition in the 4th quarter worth $1,045,000. Finally, Wolverine Asset Management LLC increased its holdings in JVSPAC Acquisition by 21.1% during the 4th quarter. Wolverine Asset Management LLC now owns 475,206 shares of the company’s stock worth $4,952,000 after purchasing an additional 82,867 shares in the last quarter.

JVSPAC Acquisition Price Performance

Shares of JVSA remained flat at $10.72 during mid-day trading on Wednesday. 29 shares of the stock traded hands, compared to its average volume of 28,531. JVSPAC Acquisition has a twelve month low of $10.06 and a twelve month high of $10.72. The business has a 50 day simple moving average of $10.64 and a 200-day simple moving average of $10.48.

JVSPAC Acquisition Company Profile

JVSPAC Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Wan Chai, Hong Kong.