Texas Ventures Acquisition III Corp (NASDAQ:TVA) Stock Short Interest Rises 1,667.0%

Texas Ventures Acquisition III Corp (NASDAQ:TVA) was the recipient of a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 22,953 shares, an increase 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 short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are sold short.

Analyst Ratings Changes

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

Hedge Funds Weigh In On Texas Ventures Acquisition III

Large investors have recently bought and sold shares of the business. Yorkville Advisors Global LP bought a new stake in Texas Ventures Acquisition III during the 1st quarter valued at about $10,910,000. Harraden Circle Investments LLC raised its stake in shares of Texas Ventures Acquisition III by 1.7% during the second quarter. Harraden Circle Investments LLC now owns 1,001,393 shares of the company’s stock valued at $10,565,000 after acquiring an additional 16,393 shares in the last quarter. DLD Asset Management LP boosted its holdings in shares of Texas Ventures Acquisition III by 106.9% in the first quarter. DLD Asset Management LP now owns 197,072 shares of the company’s stock valued at $2,048,000 after purchasing an additional 101,805 shares during the period. SkyView Investment Advisors LLC purchased a new stake in shares of Texas Ventures Acquisition III in the second quarter valued at approximately $2,021,000. Finally, StoneX Group Inc. purchased a new stake in shares of Texas Ventures Acquisition III in the third quarter valued at approximately $1,685,000.

Texas Ventures Acquisition III Price Performance

Shares of NASDAQ TVA traded up $0.00 during midday trading on Tuesday, hitting $10.68. 4,169 shares of the company traded hands, compared to its average volume of 159,529. Texas Ventures Acquisition III has a 12-month low of $10.31 and a 12-month high of $11.44. The stock has a 50-day moving average price of $10.60 and a 200 day moving average price of $10.53.

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

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.