Texas Ventures Acquisition III Corp (NASDAQ:TVA) Stock Short Interest Report for October

Texas Ventures Acquisition III Corp (NASDAQ:TVA) saw a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 22,953 shares, a growth of 1,667.0% from the October 15th total of 1,299 shares. Based on an average daily trading volume, of 84,640 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are sold short.

Texas Ventures Acquisition III Stock Up 0.0%

Shares of NASDAQ TVA opened at $10.68 on Wednesday. Texas Ventures Acquisition III has a twelve month low of $10.31 and a twelve month high of $11.44. The stock has a fifty day simple moving average of $10.60 and a 200-day simple moving average of $10.53.

Texas Ventures Acquisition III (NASDAQ:TVA) last posted its earnings results on Thursday, August 13th. The company reported $0.05 earnings per share (EPS) for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Texas Ventures Acquisition III in a research note on Thursday, August 27th. One research analyst has rated the stock with a Sell rating. According to MarketBeat, the stock has an average rating of “Sell”.

Institutional Trading of Texas Ventures Acquisition III

Several hedge funds have recently made changes to their positions in TVA. Lincoln Capital Corp purchased a new position in shares of Texas Ventures Acquisition III in the third quarter valued at approximately $529,000. StoneX Group Inc. acquired a new stake in Texas Ventures Acquisition III during the 3rd quarter worth approximately $1,685,000. SkyView Investment Advisors LLC acquired a new stake in Texas Ventures Acquisition III during the 2nd quarter worth approximately $2,021,000. DLD Asset Management LP boosted its position in Texas Ventures Acquisition III by 106.9% in the 1st quarter. DLD Asset Management LP now owns 197,072 shares of the company’s stock valued at $2,048,000 after buying an additional 101,805 shares during the period. Finally, Harraden Circle Investments LLC boosted its position in Texas Ventures Acquisition III by 1.7% in the 2nd quarter. Harraden Circle Investments LLC now owns 1,001,393 shares of the company’s stock valued at $10,565,000 after buying an additional 16,393 shares during the period.

Texas Ventures Acquisition III Company Profile

Texas Ventures Acquisition III Corp. is a special purpose acquisition company (SPAC) listed on the Nasdaq under the symbol TVA. The company was formed to identify and complete a business combination, such as a merger, acquisition, or similar transaction, with an operating private company. Unlike an operating company, Texas Ventures Acquisition III does not have established products, services, or geographic markets of its own. Its activities are primarily focused on evaluating potential acquisition opportunities and completing a transaction that would allow a private business to become publicly traded.