Texas Ventures Acquisition III (NASDAQ:TVACU) Stock Price Down 0.4% – Time to Sell?

Texas Ventures Acquisition III Corp (NASDAQ:TVACU)’s share price was down 0.4% during trading on Friday . The company traded as low as $10.80 and last traded at $10.8850. 3,123 shares changed hands during mid-day trading, an increase of 166% from the average daily volume of 1,176 shares. The stock had previously closed at $10.93.

Texas Ventures Acquisition III Trading Down 0.4%

The company has a 50-day moving average price of $10.78 and a two-hundred day moving average price of $10.89.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. JPMorgan Chase & Co. purchased a new stake in shares of Texas Ventures Acquisition III in the second quarter valued at $257,000. Clear Street Group Inc. bought a new position in shares of Texas Ventures Acquisition III during the third quarter valued at approximately $485,000. Finally, Boothbay Fund Management LLC purchased a new stake in shares of Texas Ventures Acquisition III in the second quarter worth approximately $666,000.

About Texas Ventures Acquisition III

We are a newly incorporated Cayman Islands exempted company structured as a blank check company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. To date, our efforts have been limited to organizational activities and activities related to this offering. We have not selected any potential business combination target, and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any potential target regarding entering into a business combination with us.