Tavia Acquisition Corp. (NASDAQ:TAVIU) Short Interest Down 94.3% in May

Tavia Acquisition Corp. (NASDAQ:TAVIU) was the target of a large decline in short interest in May. As of May 29th, there was short interest totaling 5 shares, a decline of 94.3% from the May 14th total of 88 shares. Based on an average trading volume of 1,209 shares, the days-to-cover ratio is currently 0.0 days.

Tavia Acquisition Stock Performance

Shares of NASDAQ:TAVIU traded down $0.16 during midday trading on Thursday, hitting $11.20. 3,081 shares of the company’s stock traded hands, compared to its average volume of 2,397. The firm’s fifty day moving average price is $10.81 and its two-hundred day moving average price is $10.63. Tavia Acquisition has a twelve month low of $10.40 and a twelve month high of $12.00.

About Tavia Acquisition

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.