Tavia Acquisition (NASDAQ:TAVI) Trading 0.1% Higher – Time to Buy?

Tavia Acquisition Corp. (NASDAQ:TAVI) traded up 0.1% during mid-day trading on Wednesday . The stock traded as high as $10.64 and last traded at $10.63. 21,374 shares changed hands during trading, a decline of 77% from the average session volume of 93,801 shares. The stock had previously closed at $10.62.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Tavia Acquisition in a research note on Thursday, April 2nd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Tavia Acquisition currently has a consensus rating of “Sell”.

Tavia Acquisition Stock Performance

The company’s 50 day moving average is $10.59 and its 200-day moving average is $10.50.

Tavia Acquisition (NASDAQ:TAVI) last issued its earnings results on Monday, March 16th. The company reported $0.06 earnings per share (EPS) for the quarter.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in TAVI. TENOR CAPITAL MANAGEMENT Co. L.P. bought a new position in shares of Tavia Acquisition in the fourth quarter valued at $11,369,000. Goldman Sachs Group Inc. bought a new position in shares of Tavia Acquisition in the first quarter valued at $2,155,000. Sona Asset Management US LLC bought a new position in shares of Tavia Acquisition in the first quarter valued at $1,056,000. Radcliffe Capital Management L.P. lifted its stake in shares of Tavia Acquisition by 352.8% in the third quarter. Radcliffe Capital Management L.P. now owns 98,908 shares of the company’s stock valued at $1,024,000 after buying an additional 77,062 shares in the last quarter. Finally, Rivernorth Capital Management LLC lifted its stake in shares of Tavia Acquisition by 33.3% in the fourth quarter. Rivernorth Capital Management LLC now owns 262,528 shares of the company’s stock valued at $2,738,000 after buying an additional 65,632 shares in the last quarter.

Tavia Acquisition Company Profile

Tavia Acquisition Corp. is a blank check company, which engages in the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was founded on March 7, 2024 and is headquartered in Newark, DE.