JVSPAC Acquisition Corp. (NASDAQ:JVSA) Short Interest Update

JVSPAC Acquisition Corp. (NASDAQ:JVSA) saw a large increase in short interest in October. As of October 15th, there was short interest totalling 2,900 shares, an increase of 16.0% from the September 30th total of 2,500 shares. Based on an average daily volume of 12,700 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

JVSPAC Acquisition Stock Performance

Shares of NASDAQ JVSA opened at $10.37 on Thursday. The stock’s fifty day moving average is $10.31 and its 200 day moving average is $10.21. JVSPAC Acquisition has a 52 week low of $10.02 and a 52 week high of $10.42.

Institutional Investors Weigh In On JVSPAC Acquisition

Large investors have recently bought and sold shares of the company. Shaolin Capital Management LLC lifted its holdings in shares of JVSPAC Acquisition by 150.0% during the 2nd quarter. Shaolin Capital Management LLC now owns 250,000 shares of the company’s stock worth $2,540,000 after acquiring an additional 150,000 shares during the period. Berkley W R Corp acquired a new position in JVSPAC Acquisition during the second quarter valued at approximately $1,715,000. Virtu Financial LLC bought a new stake in JVSPAC Acquisition during the first quarter worth $143,000. Wolverine Asset Management LLC acquired a new stake in shares of JVSPAC Acquisition in the 2nd quarter valued at $2,344,000. Finally, TrueMark Investments LLC bought a new position in shares of JVSPAC Acquisition in the 2nd quarter valued at $144,000.

JVSPAC Acquisition Company Profile

JVSPAC Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Wan Chai, Hong Kong.