JVSPAC Acquisition Corp. (NASDAQ:JVSA - Get Free Report) shares traded down 12.7% during trading on Wednesday . The company traded as low as $9.54 and last traded at $10.89. 266,411 shares changed hands during trading, an increase of 620% from the average session volume of 37,007 shares. The stock had previously closed at $12.47.
JVSPAC Acquisition Stock Performance
The business's 50 day simple moving average is $10.84 and its 200 day simple moving average is $10.67.
Hedge Funds Weigh In On JVSPAC Acquisition
A number of hedge funds have recently modified their holdings of JVSA. Warberg Asset Management LLC bought a new stake in JVSPAC Acquisition in the first quarter valued at $151,000. Quarry LP acquired a new stake in shares of JVSPAC Acquisition in the 4th quarter valued at $158,000. Wolverine Asset Management LLC grew its holdings in shares of JVSPAC Acquisition by 4.2% in the 1st quarter. Wolverine Asset Management LLC now owns 495,315 shares of the company's stock worth $5,290,000 after purchasing an additional 20,109 shares during the last quarter. Mizuho Securities USA LLC increased its position in shares of JVSPAC Acquisition by 13.0% during the 4th quarter. Mizuho Securities USA LLC now owns 562,054 shares of the company's stock worth $5,828,000 after purchasing an additional 64,624 shares in the last quarter. Finally, Gabelli Funds LLC bought a new position in JVSPAC Acquisition during the 4th quarter valued at about $828,000.
About JVSPAC Acquisition
(
Get Free Report)
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.
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