Silicon Valley Acquisition Corp. (NASDAQ:SVAQ – Get Free Report) was the recipient of a significant increase in short interest in June. As of June 30th, there was short interest totaling 6,893 shares, an increase of 250.8% from the June 15th total of 1,965 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 160,768 shares, the short-interest ratio is currently 0.0 days.
Silicon Valley Acquisition Stock Performance
Shares of NASDAQ:SVAQ opened at $10.07 on Monday. Silicon Valley Acquisition has a 1 year low of $9.86 and a 1 year high of $10.16. The firm’s fifty day simple moving average is $10.01.
Analyst Ratings Changes
Separately, Weiss Ratings began coverage on shares of Silicon Valley Acquisition in a report on Friday, June 12th. They issued a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Silicon Valley Acquisition presently has a consensus rating of “Sell”.
About Silicon Valley Acquisition
Silicon Valley Acquisition Corp is a blank check company.
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