Tavia Acquisition Corp. (NASDAQ:TAVIU) Sees Large Increase in Short Interest

Tavia Acquisition Corp. (NASDAQ:TAVIU) saw a large increase in short interest in June. As of June 15th, there was short interest totaling 215 shares, an increase of 4,200.0% from the May 31st total of 5 shares. Based on an average daily trading volume, of 443 shares, the days-to-cover ratio is currently 0.5 days.

Tavia Acquisition Price Performance

NASDAQ:TAVIU opened at $10.73 on Friday. The business’s 50-day simple moving average is $10.92 and its two-hundred day simple moving average is $10.68. Tavia Acquisition has a 52 week low of $10.40 and a 52 week high of $12.00.

Tavia Acquisition Company Profile

We are a blank check company incorporated on March 7, 2024, as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination, which we refer to throughout this prospectus as our “business combination” or “initial business combination,” with one or more businesses or entities, which we refer to throughout this prospectus as a “target business” or “target businesses”. While we will consider opportunities in any industry, we are strategically positioned to capitalize on transformative opportunities, focusing on sectors that are pivotal to advancing sustainability and innovation.