Wolverine Asset Management LLC lowered its position in Tavia Acquisition Corp. (NASDAQ:TAVI – Free Report) by 42.9% during the 4th quarter, HoldingsChannel reports. The firm owned 515,058 shares of the company’s stock after selling 387,513 shares during the period. Wolverine Asset Management LLC’s holdings in Tavia Acquisition were worth $5,372,000 at the end of the most recent reporting period.
Several other institutional investors have also recently made changes to their positions in TAVI. Clear Street Group Inc. bought a new position in shares of Tavia Acquisition in the third quarter worth $25,000. Concurrent Investment Advisors LLC bought a new position in shares of Tavia Acquisition in the third quarter worth $119,000. Radcliffe Capital Management L.P. bought a new position in shares of Tavia Acquisition in the second quarter worth $224,000. Moore Capital Management LP bought a new position in shares of Tavia Acquisition in the second quarter worth $514,000. Finally, Mangrove Partners IM LLC increased its holdings in shares of Tavia Acquisition by 4.7% in the third quarter. Mangrove Partners IM LLC now owns 56,411 shares of the company’s stock worth $583,000 after purchasing an additional 2,511 shares during the period.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Tavia Acquisition in a report on Thursday, April 2nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Tavia Acquisition currently has a consensus rating of “Sell”.
Tavia Acquisition Stock Down 0.1%
Shares of NASDAQ:TAVI opened at $10.60 on Monday. The stock’s 50-day moving average price is $10.55 and its 200-day moving average price is $10.48. Tavia Acquisition Corp. has a 12-month low of $10.09 and a 12-month high of $10.72.
About Tavia Acquisition
Tavia Acquisition Corp. is a blank check company, which engages in the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was founded on March 7, 2024 and is headquartered in Newark, DE.
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