Texas Ventures Acquisition IV Corp (NASDAQ:TVIV) Shares Shorted: Short Interest Down 47.0% in September

Texas Ventures Acquisition IV Corp (NASDAQ:TVIV) saw a large decline in short interest in September. As of September 30th, there was short interest totaling 323 shares, a decline of 47.0% from the September 15th total of 609 shares. Based on an average daily trading volume, of 47,635 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings initiated coverage on Texas Ventures Acquisition IV in a research note on Tuesday, October 6th. They set a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, Texas Ventures Acquisition IV presently has a consensus rating of “Sell”.

Texas Ventures Acquisition IV Price Performance

Shares of NASDAQ TVIV opened at $9.95 on Wednesday. Texas Ventures Acquisition IV has a one year low of $9.85 and a one year high of $9.97. The business’s 50-day simple moving average is $9.93.

Texas Ventures Acquisition IV 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.