Tavia Acquisition (NASDAQ:TAVI) Trading Down 0.1% – Time to Sell?

Tavia Acquisition Corp. (NASDAQ:TAVI) traded down 0.1% during trading on Friday . The stock traded as low as $10.48 and last traded at $10.48. 106 shares changed hands during trading, a decline of 99% from the average session volume of 14,060 shares. The stock had previously closed at $10.49.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Tavia Acquisition in a report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Tavia Acquisition has a consensus rating of “Sell”.

Tavia Acquisition Trading Down 0.1%

The stock has a fifty day moving average price of $10.43 and a two-hundred day moving average price of $10.37.

Hedge Funds Weigh In On Tavia Acquisition

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Clear Street Group Inc. bought a new stake in shares of Tavia Acquisition during the 3rd quarter worth approximately $25,000. Clear Street LLC acquired a new position in Tavia Acquisition during the second quarter valued at approximately $32,000. Concurrent Investment Advisors LLC bought a new stake in Tavia Acquisition during the third quarter worth $119,000. Radcliffe Capital Management L.P. acquired a new stake in shares of Tavia Acquisition in the 2nd quarter valued at $224,000. Finally, Moore Capital Management LP bought a new position in shares of Tavia Acquisition in the 2nd quarter valued at $514,000.

About Tavia Acquisition

Tavia Acquisition Corp. is a blank check company, which engages in the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was founded on March 7, 2024 and is headquartered in Newark, DE.