Tavia Acquisition (NASDAQ:TAVI) Trading Down 0.1% – Here’s What Happened

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 traded hands during mid-day trading, a decline of 99% from the average session volume of 14,060 shares. The stock had previously closed at $10.49.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Tavia Acquisition in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Tavia Acquisition currently has an average rating of “Sell”.

Tavia Acquisition Stock Performance

The firm has a 50-day moving average price of $10.43 and a two-hundred day moving average price of $10.37.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of TAVI. Clear Street Group Inc. acquired a new stake in Tavia Acquisition during the 3rd quarter worth $25,000. Clear Street LLC purchased a new position in shares of Tavia Acquisition during the second quarter worth about $32,000. Concurrent Investment Advisors LLC purchased a new position in shares of Tavia Acquisition during the third quarter worth approximately $119,000. Radcliffe Capital Management L.P. acquired a new position in shares of Tavia Acquisition in the 2nd quarter valued at $224,000. Finally, Moore Capital Management LP purchased a new stake in 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.