Texas Ventures Acquisition III (NASDAQ:TVACU) Trading 0.6% Higher – Here’s What Happened

Texas Ventures Acquisition III Corp (NASDAQ:TVACU)’s stock price was up 0.6% during mid-day trading on Monday . The company traded as high as $11.19 and last traded at $11.19. Approximately 80 shares changed hands during trading, a decline of 100% from the average daily volume of 109,001 shares. The stock had previously closed at $11.12.

Texas Ventures Acquisition III Price Performance

The stock’s fifty day simple moving average is $11.34 and its two-hundred day simple moving average is $10.91.

Institutional Trading of Texas Ventures Acquisition III

Large investors have recently added to or reduced their stakes in the business. AQR Arbitrage LLC bought a new position in shares of Texas Ventures Acquisition III in the second quarter valued at $17,972,000. Magnetar Financial LLC acquired a new position in shares of Texas Ventures Acquisition III in the 2nd quarter worth $14,378,000. LMR Partners LLP acquired a new stake in shares of Texas Ventures Acquisition III during the second quarter worth $9,189,000. Boothbay Fund Management LLC purchased a new stake in shares of Texas Ventures Acquisition III during the second quarter valued at $666,000. Finally, Clear Street Group Inc. acquired a new position in shares of Texas Ventures Acquisition III in the 3rd quarter valued at $485,000.

Texas Ventures Acquisition III Company Profile

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.