Texas Ventures Acquisition III Corp (NASDAQ:TVA) Sees Large Increase in Short Interest

Texas Ventures Acquisition III Corp (NASDAQ:TVA) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 1,299 shares, an increase of 193.9% from the September 30th total of 442 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 269,001 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On Texas Ventures Acquisition III

Several institutional investors have recently bought and sold shares of the stock. Lincoln Capital Corp bought a new stake in shares of Texas Ventures Acquisition III during the 3rd quarter worth $529,000. SkyView Investment Advisors LLC bought a new stake in Texas Ventures Acquisition III during the 2nd quarter valued at approximately $2,021,000. DLD Asset Management LP grew its holdings in Texas Ventures Acquisition III by 106.9% in the 1st quarter. DLD Asset Management LP now owns 197,072 shares of the company’s stock valued at $2,048,000 after buying an additional 101,805 shares during the last quarter. Harraden Circle Investments LLC increased its position in Texas Ventures Acquisition III by 1.7% in the 2nd quarter. Harraden Circle Investments LLC now owns 1,001,393 shares of the company’s stock worth $10,565,000 after buying an additional 16,393 shares during the period. Finally, Yorkville Advisors Global LP bought a new stake in shares of Texas Ventures Acquisition III in the first quarter valued at approximately $10,910,000.

Texas Ventures Acquisition III Price Performance

TVA opened at $10.65 on Friday. The stock has a fifty day moving average price of $10.58 and a 200 day moving average price of $10.53. Texas Ventures Acquisition III has a 1 year low of $10.31 and a 1 year high of $11.44.

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

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Texas Ventures Acquisition III in a report on Thursday, August 27th. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

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.

Publicly available information about the company’s specific target industry, operating plans, and leadership is limited.