SVF Investment Corp. 3 (NASDAQ:SVFC) Short Interest Down 78.9% in April

SVF Investment Corp. 3 (NASDAQ:SVFCGet Rating) was the target of a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 6,800 shares, a decline of 78.9% from the March 31st total of 32,300 shares. Based on an average daily volume of 131,200 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Several institutional investors have recently bought and sold shares of the company. Advisor Group Holdings Inc. purchased a new stake in shares of SVF Investment Corp. 3 in the 4th quarter valued at about $26,000. FNY Investment Advisers LLC increased its position in SVF Investment Corp. 3 by 16.5% in the 1st quarter. FNY Investment Advisers LLC now owns 41,660 shares of the company’s stock valued at $412,000 after acquiring an additional 5,900 shares during the period. TENOR CAPITAL MANAGEMENT Co. L.P. increased its position in SVF Investment Corp. 3 by 14.3% in the 3rd quarter. TENOR CAPITAL MANAGEMENT Co. L.P. now owns 47,372 shares of the company’s stock valued at $466,000 after acquiring an additional 5,915 shares during the period. Toronto Dominion Bank increased its position in SVF Investment Corp. 3 by 3.8% in the 4th quarter. Toronto Dominion Bank now owns 203,737 shares of the company’s stock valued at $2,037,000 after acquiring an additional 7,500 shares during the period. Finally, Athanor Capital LP increased its position in SVF Investment Corp. 3 by 28.3% in the 3rd quarter. Athanor Capital LP now owns 36,131 shares of the company’s stock valued at $355,000 after acquiring an additional 7,965 shares during the period. 61.37% of the stock is owned by institutional investors and hedge funds.

SVF Investment Corp. 3 stock opened at $9.90 on Thursday. SVF Investment Corp. 3 has a fifty-two week low of $9.65 and a fifty-two week high of $10.58. The stock has a 50-day simple moving average of $9.90 and a 200-day simple moving average of $9.92.

SVF Investment Corp. 3 (NASDAQ:SVFCGet Rating) last posted its earnings results on Tuesday, March 1st. The company reported ($4.88) earnings per share for the quarter. The firm had revenue of $77.06 million during the quarter.

SVF Investment Corp. 3 Company Profile (Get Rating)

SVF Investment Corp. 3 is a blank check company. It intends to focus on businesses in technology-enabled sector. The company was formerly known as SVF Investment III Corp. and changed its name to SVF Investment Corp. 3 in January 2021. SVF Investment Corp. 3 was incorporated in 2020 and is based in San Carlos, California.

Featured Stories

Receive News & Ratings for SVF Investment Corp. 3 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SVF Investment Corp. 3 and related companies with MarketBeat.com's FREE daily email newsletter.