Short Interest in Silicon Valley Acquisition Corp. (NASDAQ:SVAQ) Expands By 141.6%

Silicon Valley Acquisition Corp. (NASDAQ:SVAQ – Get Free Report) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,360 shares, an increase of 141.6% from the April 30th total of 563 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 4,376 shares, the days-to-cover ratio is currently 0.3 days.

Silicon Valley Acquisition Stock Performance

Shares of NASDAQ SVAQ traded up $0.03 during trading hours on Friday, hitting $9.99. 13,154 shares of the company traded hands, compared to its average volume of 47,954. The firm’s 50 day moving average is $9.91. Silicon Valley Acquisition has a 12 month low of $9.86 and a 12 month high of $9.99.

About Silicon Valley Acquisition

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Silicon Valley Acquisition Corp is a blank check company.

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