JVSPAC Acquisition Corp. (NASDAQ:JVSA) Short Interest Up 28.6% in December

JVSPAC Acquisition Corp. (NASDAQ:JVSA) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 2,700 shares, a growth of 28.6% from the December 15th total of 2,100 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 8,800 shares, the short-interest ratio is presently 0.3 days.

JVSPAC Acquisition Stock Performance

NASDAQ:JVSA remained flat at $10.52 during trading hours on Friday. JVSPAC Acquisition has a 1-year low of $10.02 and a 1-year high of $10.52. The company’s fifty day simple moving average is $10.42 and its 200 day simple moving average is $10.32.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Shaolin Capital Management LLC raised its holdings in JVSPAC Acquisition by 40.8% in the 3rd quarter. Shaolin Capital Management LLC now owns 351,882 shares of the company’s stock valued at $3,638,000 after acquiring an additional 101,882 shares during the last quarter. Wolverine Asset Management LLC lifted its position in JVSPAC Acquisition by 70.1% during the third quarter. Wolverine Asset Management LLC now owns 392,339 shares of the company’s stock worth $4,057,000 after buying an additional 161,643 shares during the period. Berkley W R Corp lifted its position in JVSPAC Acquisition by 68.7% during the third quarter. Berkley W R Corp now owns 284,731 shares of the company’s stock worth $2,944,000 after buying an additional 115,978 shares during the period. Mizuho Securities USA LLC boosted its stake in JVSPAC Acquisition by 219.8% in the 3rd quarter. Mizuho Securities USA LLC now owns 1,353,000 shares of the company’s stock worth $14,491,000 after buying an additional 929,938 shares during the last quarter. Finally, Rivernorth Capital Management LLC grew its holdings in JVSPAC Acquisition by 20.1% in the 3rd quarter. Rivernorth Capital Management LLC now owns 246,818 shares of the company’s stock valued at $2,552,000 after buying an additional 41,318 shares during the period.

JVSPAC Acquisition Company Profile

JVSPAC Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Wan Chai, Hong Kong.