Tavia Acquisition Corp. (NASDAQ:TAVIU) Short Interest Up 4,200.0% in June

Tavia Acquisition Corp. (NASDAQ:TAVIU) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 215 shares, a growth of 4,200.0% from the May 31st total of 5 shares. Based on an average daily volume of 443 shares, the short-interest ratio is presently 0.5 days.

Tavia Acquisition Stock Performance

NASDAQ:TAVIU remained flat at $10.73 during trading hours on Thursday. The company’s fifty day simple moving average is $10.92 and its 200 day simple moving average is $10.68. Tavia Acquisition has a 1-year low of $10.40 and a 1-year high of $12.00.

Tavia Acquisition Company Profile

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.