Short Interest in Texas Ventures Acquisition IV Corp (NASDAQ:TVIVU) Declines By 99.8%

by · The Markets Daily

Texas Ventures Acquisition IV Corp (NASDAQ:TVIVU – Get Free Report) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 1 shares, a decline of 99.8% from the August 15th total of 525 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is currently 0.0 days.

Texas Ventures Acquisition IV Price Performance

TVIVU stock traded down $0.26 during trading on Thursday, hitting $10.12. 4,537 shares of the company’s stock traded hands, compared to its average volume of 46,048. Texas Ventures Acquisition IV has a 52 week low of $9.98 and a 52 week high of $10.39. The firm’s fifty day moving average price is $10.15.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised Texas Ventures Acquisition IV to a “hold” rating in a report on Saturday, June 27th.

Read Our Latest Stock Report on Texas Ventures Acquisition IV

Institutional Investors Weigh In On Texas Ventures Acquisition IV

A hedge fund recently raised its position in Texas Ventures Acquisition IV stock. Harraden Circle Investments LLC boosted its holdings in Texas Ventures Acquisition IV Corp (NASDAQ:TVIVU – Free Report) by 4.6% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,483,689 shares of the company’s stock after acquiring an additional 65,272 shares during the period. Harraden Circle Investments LLC’s holdings in Texas Ventures Acquisition IV were worth $682,000 at the end of the most recent quarter.

About Texas Ventures Acquisition IV

(Get Free Report)

Texas Ventures Acquisition IV is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. As a special purpose acquisition company, it does not operate a traditional commercial business and instead focuses on identifying and completing an acquisition transaction.

The company was organized to pursue opportunities across a broad range of industries and geographic markets, depending on the terms of a potential transaction.

Featured Stories