Tavia Acquisition Corp. (NASDAQ:TAVIU) Sees Significant Decrease in Short Interest

Tavia Acquisition Corp. (NASDAQ:TAVIU) was the target of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 5 shares, a decrease of 94.3% from the May 14th total of 88 shares. Based on an average trading volume of 1,209 shares, the short-interest ratio is presently 0.0 days.

Tavia Acquisition Price Performance

TAVIU traded down $0.05 during midday trading on Tuesday, hitting $11.20. 629 shares of the company traded hands, compared to its average volume of 2,338. The company’s 50-day moving average is $10.80 and its 200 day moving average is $10.63. Tavia Acquisition has a 52 week low of $10.40 and a 52 week high of $11.90.

Tavia Acquisition Company Profile

We are a blank check company incorporated on March 7, 2024, as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination, which we refer to throughout this prospectus as our “business combination” or “initial business combination,” with one or more businesses or entities, which we refer to throughout this prospectus as a “target business” or “target businesses”. While we will consider opportunities in any industry, we are strategically positioned to capitalize on transformative opportunities, focusing on sectors that are pivotal to advancing sustainability and innovation.