Tavia Acquisition (NASDAQ:TAVI) Trading Up 0.1% – Still a Buy?

Tavia Acquisition Corp. (NASDAQ:TAVI) shares shot up 0.1% on Thursday . The stock traded as high as $10.44 and last traded at $10.44. 1,311 shares changed hands during trading, an increase of 159% from the average session volume of 505 shares. The stock had previously closed at $10.43.

Analysts Set New Price Targets

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

Tavia Acquisition Stock Performance

The stock has a 50-day moving average price of $10.42 and a 200 day moving average price of $10.35.

Institutional Investors Weigh In On Tavia Acquisition

A number of large investors have recently modified their holdings of TAVI. Clear Street Group Inc. purchased a new stake in shares of Tavia Acquisition during the 3rd quarter worth $25,000. Clear Street LLC acquired a new stake in Tavia Acquisition in the second quarter valued at $32,000. Concurrent Investment Advisors LLC purchased a new stake in Tavia Acquisition during the 3rd quarter worth about $119,000. Radcliffe Capital Management L.P. purchased a new stake in Tavia Acquisition during the 2nd quarter worth about $224,000. Finally, Moore Capital Management LP acquired a new position in shares of Tavia Acquisition during the 2nd quarter worth about $514,000.

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.