Texas Ventures Acquisition IV Corp (NASDAQ:TVIV) Stock Short Interest Falls 47.0%

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

Texas Ventures Acquisition IV Price Performance

Texas Ventures Acquisition IV stock opened at $9.95 on Wednesday. Texas Ventures Acquisition IV has a 12 month low of $9.85 and a 12 month high of $9.97. The stock has a fifty day simple moving average of $9.93.

Analyst Upgrades and Downgrades

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

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.