Short Interest in JVSPAC Acquisition Corp. (NASDAQ:JVSA) Expands By 27.6%

JVSPAC Acquisition Corp. (NASDAQ:JVSA) was the target of a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 3,700 shares, a growth of 27.6% from the November 15th total of 2,900 shares. Based on an average daily volume of 8,900 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the company’s stock are short sold.

JVSPAC Acquisition Stock Performance

JVSA stock traded up $0.02 during trading on Friday, hitting $10.42. 5,012 shares of the company’s stock traded hands, compared to its average volume of 37,679. The business has a fifty day simple moving average of $10.37 and a two-hundred day simple moving average of $10.27. JVSPAC Acquisition has a 1 year low of $10.02 and a 1 year high of $10.42.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. TrueMark Investments LLC purchased a new stake in shares of JVSPAC Acquisition during the 2nd quarter worth $144,000. Rivernorth Capital Management LLC raised its holdings in JVSPAC Acquisition by 20.1% in the third quarter. Rivernorth Capital Management LLC now owns 246,818 shares of the company’s stock worth $2,552,000 after purchasing an additional 41,318 shares in the last quarter. Mizuho Securities USA LLC raised its holdings in JVSPAC Acquisition by 17.6% in the third quarter. Mizuho Securities USA LLC now owns 497,430 shares of the company’s stock worth $5,114,000 after purchasing an additional 74,368 shares in the last quarter. Shaolin Capital Management LLC lifted its position 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 buying an additional 101,882 shares during the last quarter. Finally, Berkley W R Corp boosted its holdings in shares of JVSPAC Acquisition by 68.7% in the 3rd quarter. Berkley W R Corp now owns 284,731 shares of the company’s stock valued at $2,944,000 after buying an additional 115,978 shares in the last quarter.

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.