Short Interest in Silicon Valley Acquisition Corp. (NASDAQ:SVAQ) Expands By 141.6%

Silicon Valley Acquisition Corp. (NASDAQ:SVAQGet Free Report) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,360 shares, an increase of 141.6% from the April 30th total of 563 shares. Based on an average trading volume of 4,376 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the company’s stock are sold short.

Silicon Valley Acquisition Stock Performance

Shares of NASDAQ SVAQ opened at $10.00 on Tuesday. Silicon Valley Acquisition has a 1 year low of $9.86 and a 1 year high of $10.02. The stock’s 50-day simple moving average is $9.92.

About Silicon Valley Acquisition

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Silicon Valley Acquisition Corp is a blank check company.

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