Khosla Ventures Acquisition Co. (NASDAQ:KVSA) Short Interest Update

Khosla Ventures Acquisition Co. (NASDAQ:KVSA) was the target of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 290,600 shares, an increase of 816.7% from the October 31st total of 31,700 shares. Approximately 0.9% of the shares of the company are short sold. Based on an average daily trading volume, of 339,300 shares, the short-interest ratio is currently 0.9 days.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Verition Fund Management LLC lifted its stake in Khosla Ventures Acquisition by 0.4% during the third quarter. Verition Fund Management LLC now owns 258,542 shares of the company’s stock worth $2,551,000 after purchasing an additional 1,090 shares during the period. Ancora Advisors LLC lifted its stake in Khosla Ventures Acquisition by 22.1% during the third quarter. Ancora Advisors LLC now owns 12,210 shares of the company’s stock worth $121,000 after purchasing an additional 2,210 shares during the period. Wolverine Asset Management LLC lifted its stake in Khosla Ventures Acquisition by 1.3% during the third quarter. Wolverine Asset Management LLC now owns 312,254 shares of the company’s stock worth $3,081,000 after purchasing an additional 4,024 shares during the period. Vivaldi Asset Management LLC lifted its stake in Khosla Ventures Acquisition by 10.0% during the second quarter. Vivaldi Asset Management LLC now owns 82,506 shares of the company’s stock worth $816,000 after purchasing an additional 7,506 shares during the period. Finally, Penserra Capital Management LLC bought a new position in Khosla Ventures Acquisition during the third quarter worth about $92,000. Institutional investors and hedge funds own 85.62% of the company’s stock.

NASDAQ KVSA opened at $9.85 on Friday. The firm has a 50-day simple moving average of $9.90 and a 200 day simple moving average of $9.93. Khosla Ventures Acquisition has a twelve month low of $9.58 and a twelve month high of $10.97.

About Khosla Ventures Acquisition

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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