JVSPAC Acquisition Corp. (NASDAQ:JVSA) Short Interest Up 16.0% in October

JVSPAC Acquisition Corp. (NASDAQ:JVSA - Get Free Report) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 2,900 shares, a growth of 16.0% from the September 30th total of 2,500 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 12,700 shares, the days-to-cover ratio is currently 0.2 days.

JVSPAC Acquisition Stock Performance

Shares of NASDAQ JVSA remained flat at $10.37 during midday trading on Tuesday. 10 shares of the stock were exchanged, compared to its average volume of 38,414. JVSPAC Acquisition has a 52 week low of $10.02 and a 52 week high of $10.42. The stock's fifty day moving average price is $10.31 and its 200 day moving average price is $10.20.

Hedge Funds Weigh In On JVSPAC Acquisition

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Virtu Financial LLC bought a new position in shares of JVSPAC Acquisition in the first quarter worth $143,000. TrueMark Investments LLC bought a new position in JVSPAC Acquisition in the 2nd quarter valued at about $144,000. Robinson Capital Management LLC acquired a new position in shares of JVSPAC Acquisition in the 1st quarter valued at approximately $353,000. Shaolin Capital Management LLC bought a new stake in shares of JVSPAC Acquisition during the 1st quarter worth approximately $1,005,000. Finally, Periscope Capital Inc. acquired a new stake in shares of JVSPAC Acquisition during the 1st quarter worth approximately $1,006,000.

About JVSPAC Acquisition

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.