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

JVSPAC Acquisition Corp. (NASDAQ:JVSA) saw a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 2,500 shares, a decline of 19.4% from the February 28th total of 3,100 shares. Based on an average daily volume of 12,700 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

JVSPAC Acquisition Stock Performance

Shares of JVSPAC Acquisition stock remained flat at $10.72 during trading on Wednesday. 29 shares of the stock were exchanged, compared to its average volume of 28,531. JVSPAC Acquisition has a 1-year low of $10.06 and a 1-year high of $10.72. The firm’s fifty day simple moving average is $10.64 and its two-hundred day simple moving average is $10.48.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Wolverine Asset Management LLC grew its position in JVSPAC Acquisition by 21.1% in the 4th quarter. Wolverine Asset Management LLC now owns 475,206 shares of the company’s stock valued at $4,952,000 after buying an additional 82,867 shares in the last quarter. Shaolin Capital Management LLC increased its stake in shares of JVSPAC Acquisition by 40.8% during the third quarter. Shaolin Capital Management LLC now owns 351,882 shares of the company’s stock valued at $3,638,000 after acquiring an additional 101,882 shares during the period. Berkley W R Corp increased its stake in shares of JVSPAC Acquisition by 68.7% during the third quarter. Berkley W R Corp now owns 284,731 shares of the company’s stock valued at $2,944,000 after acquiring an additional 115,978 shares during the period. Mizuho Securities USA LLC raised its stake in shares of JVSPAC Acquisition by 13.0% in the 4th quarter. Mizuho Securities USA LLC now owns 562,054 shares of the company’s stock worth $5,828,000 after buying an additional 64,624 shares in the last quarter. Finally, Toronto Dominion Bank bought a new stake in JVSPAC Acquisition during the fourth quarter worth approximately $1,045,000.

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.