Silicon Valley Acquisition Corp. (NASDAQ:SVAQ) Short Interest Update

Silicon Valley Acquisition Corp. (NASDAQ:SVAQ) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 4,367 shares, a drop of 36.6% from the June 30th total of 6,893 shares. Based on an average daily volume of 144,978 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Analysts Set New Price Targets

Separately, Weiss Ratings assumed coverage on Silicon Valley Acquisition in a research report on Friday, June 12th. They issued a “sell (e)” rating for the company. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Silicon Valley Acquisition Stock Down 0.0%

Shares of NASDAQ SVAQ opened at $10.02 on Thursday. Silicon Valley Acquisition has a fifty-two week low of $9.86 and a fifty-two week high of $10.16. The company’s 50 day simple moving average is $10.04.

Silicon Valley Acquisition Company Profile

Silicon Valley Acquisition Corp is a blank check company.