Texas Ventures Acquisition IV Corp (NASDAQ:TVIV) Stock Short Interest Declines 47.0%

Texas Ventures Acquisition IV Corp (NASDAQ:TVIV) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 323 shares, a drop of 47.0% from the September 15th total of 609 shares. Based on an average daily volume of 47,635 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings began coverage on shares of Texas Ventures Acquisition IV in a research report on Tuesday, October 6th. They set a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company currently has an average rating of “Sell”.

Texas Ventures Acquisition IV Stock Performance

NASDAQ TVIV remained flat at $9.95 during trading hours on Thursday. The company had a trading volume of 834 shares, compared to its average volume of 44,736. Texas Ventures Acquisition IV has a 52-week low of $9.85 and a 52-week high of $9.97. The company’s fifty day moving average is $9.93.

About Texas Ventures Acquisition IV

We are a newly incorporated Cayman Islands exempted company structured as a blank check company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. To date, our efforts have been limited to organizational activities and activities related to this offering. We have not selected any potential business combination target, and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any potential target regarding entering into a business combination with us.