Silicon Valley Acquisition Corp. (NASDAQ:SVAQ – Get Free Report) was the target of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 4,367 shares, a decline of 36.6% from the June 30th total of 6,893 shares. Based on an average daily volume of 144,978 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.
Silicon Valley Acquisition Stock Performance
Shares of SVAQ stock opened at $10.02 on Friday. Silicon Valley Acquisition has a 1 year low of $9.86 and a 1 year high of $10.16. The business’s fifty day moving average is $10.04.
Analysts Set New Price Targets
Separately, Weiss Ratings started coverage on Silicon Valley Acquisition in a research note on Friday, June 12th. They set a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.
Silicon Valley Acquisition Company Profile
Silicon Valley Acquisition Corp is a blank check company.
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