Khosla Ventures Acquisition Co. (NASDAQ:KVSA) saw a large decrease in short interest in September. As of September 30th, there was short interest totalling 16,500 shares, a decrease of 61.7% from the September 15th total of 43,100 shares. Based on an average daily volume of 137,300 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s shares are short sold.
Shares of KVSA stock opened at $9.91 on Thursday. Khosla Ventures Acquisition has a 1-year low of $9.76 and a 1-year high of $10.97. The firm’s 50-day simple moving average is $9.88 and its 200-day simple moving average is $10.01.
A number of large investors have recently modified their holdings of the business. BlackRock Inc. acquired a new position in Khosla Ventures Acquisition in the first quarter worth $22,843,000. Geode Capital Management LLC acquired a new position in shares of Khosla Ventures Acquisition during the first quarter worth approximately $142,000. Allianz Asset Management GmbH acquired a new position in shares of Khosla Ventures Acquisition during the first quarter worth approximately $6,737,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Khosla Ventures Acquisition during the first quarter valued at approximately $303,000. Finally, Neuberger Berman Group LLC bought a new stake in shares of Khosla Ventures Acquisition during the first quarter valued at approximately $4,713,000. 80.83% of the stock is owned by institutional investors.
Khosla Ventures Acquisition Co focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2021 and is based in Menlo Park, California.
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