JVSPAC Acquisition (NASDAQ:JVSA) Shares Down 12.7% – Time to Sell?

JVSPAC Acquisition Corp. (NASDAQ:JVSAGet Free Report) shares traded down 12.7% during trading on Wednesday . The stock traded as low as $9.54 and last traded at $10.89. 266,411 shares changed hands during mid-day trading, an increase of 620% from the average session volume of 37,007 shares. The stock had previously closed at $12.47.

JVSPAC Acquisition Trading Down 12.7%

The stock has a 50-day moving average of $10.84 and a 200 day moving average of $10.67.

Hedge Funds Weigh In On JVSPAC Acquisition

Institutional investors and hedge funds have recently bought and sold shares of the business. Warberg Asset Management LLC acquired a new stake in shares of JVSPAC Acquisition in the first quarter valued at $151,000. Quarry LP bought a new stake in JVSPAC Acquisition during the 4th quarter worth about $158,000. Gabelli Funds LLC acquired a new stake in JVSPAC Acquisition in the 4th quarter valued at about $828,000. GABELLI & Co INVESTMENT ADVISERS INC. bought a new position in shares of JVSPAC Acquisition in the fourth quarter worth about $859,000. Finally, Tabor Asset Management LP acquired a new position in shares of JVSPAC Acquisition during the first quarter worth approximately $1,070,000.

JVSPAC Acquisition Company Profile

(Get Free Report)

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.

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