Wolverine Asset Management LLC Boosts Stake in Tavia Acquisition Corp. $TAVI

Wolverine Asset Management LLC raised its stake in shares of Tavia Acquisition Corp. (NASDAQ:TAVI) by 124.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 883,892 shares of the company’s stock after acquiring an additional 489,689 shares during the quarter. Wolverine Asset Management LLC owned approximately 6.37% of Tavia Acquisition worth $9,060,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in TAVI. Dakota Wealth Management bought a new stake in Tavia Acquisition during the first quarter valued at about $234,000. Wealthspring Capital LLC purchased a new stake in shares of Tavia Acquisition during the first quarter valued at about $251,000. Virtu Financial LLC bought a new stake in shares of Tavia Acquisition in the 1st quarter valued at about $332,000. Goldman Sachs Group Inc. purchased a new position in shares of Tavia Acquisition in the 1st quarter worth approximately $2,155,000. Finally, Mizuho Securities USA LLC bought a new position in shares of Tavia Acquisition during the 1st quarter worth approximately $2,228,000.

Tavia Acquisition Trading Up 0.2%

TAVI stock opened at $10.43 on Friday. Tavia Acquisition Corp. has a 52 week low of $9.89 and a 52 week high of $10.72. The firm has a 50 day moving average of $10.34 and a 200 day moving average of $10.26.

Wall Street Analysts Forecast Growth

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

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.