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JVSPAC Acquisition (NASDAQ:JVSA) Shares Up 0.2% - What's Next?

JVSPAC Acquisition logo with Unclassified background

JVSPAC Acquisition Corp. (NASDAQ:JVSA - Get Free Report) rose 0.2% on Friday . The company traded as high as $10.52 and last traded at $10.52. Approximately 200 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 19,529 shares. The stock had previously closed at $10.50.

JVSPAC Acquisition Price Performance

The business has a 50 day moving average price of $10.42 and a two-hundred day moving average price of $10.32.

Hedge Funds Weigh In On JVSPAC Acquisition

A number of hedge funds and other institutional investors have recently modified their holdings of JVSA. Berkley W R Corp purchased a new position in JVSPAC Acquisition in the second quarter valued at approximately $1,715,000. Shaolin Capital Management LLC lifted its stake in JVSPAC Acquisition by 150.0% in the second quarter. Shaolin Capital Management LLC now owns 250,000 shares of the company's stock valued at $2,540,000 after purchasing an additional 150,000 shares during the last quarter. Rivernorth Capital Management LLC lifted its stake in JVSPAC Acquisition by 20.1% in the third quarter. Rivernorth Capital Management LLC now owns 246,818 shares of the company's stock valued at $2,552,000 after purchasing an additional 41,318 shares during the last quarter. Wolverine Asset Management LLC lifted its stake in JVSPAC Acquisition by 70.1% in the third quarter. Wolverine Asset Management LLC now owns 392,339 shares of the company's stock valued at $4,057,000 after purchasing an additional 161,643 shares during the last quarter. Finally, Mizuho Securities USA LLC lifted its stake in JVSPAC Acquisition by 17.6% in the third quarter. Mizuho Securities USA LLC now owns 497,430 shares of the company's stock valued at $5,114,000 after purchasing an additional 74,368 shares during the last quarter.

About JVSPAC Acquisition

(Get Free Report)

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.

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