Silicon Valley Acquisition Corp. (NASDAQ:SVAQ – Get Free Report) saw a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 779 shares, a drop of 76.7% from the July 30th total of 3,348 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 35,494 shares, the short-interest ratio is presently 0.0 days.
Silicon Valley Acquisition Stock Performance
Shares of NASDAQ:SVAQ remained flat at $10.04 during trading on Thursday. 962 shares of the stock were exchanged, compared to its average volume of 79,563. The stock’s fifty day moving average is $10.05. Silicon Valley Acquisition has a 12 month low of $9.86 and a 12 month high of $10.16.
Analyst Ratings Changes
Separately, Weiss Ratings raised shares of Silicon Valley Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a report on Monday, August 3rd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Silicon Valley Acquisition presently has an average rating of “Sell”.
Read Our Latest Stock Report on SVAQ
Silicon Valley Acquisition Company Profile
Silicon Valley Acquisition Corp is a blank check company.
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