JVSPAC Acquisition (NASDAQ:JVSA) Stock Price Up 0.2% – Here’s What Happened

JVSPAC Acquisition Corp. (NASDAQ:JVSA)’s stock price shot up 0.2% during mid-day trading on Tuesday . The company traded as high as $10.62 and last traded at $10.61. 1,520 shares were traded during trading, a decline of 92% from the average session volume of 18,723 shares. The stock had previously closed at $10.58.

JVSPAC Acquisition Stock Performance

The business has a 50-day simple moving average of $10.49 and a two-hundred day simple moving average of $10.37.

Hedge Funds Weigh In On JVSPAC Acquisition

Hedge funds and other institutional investors have recently bought and sold shares of the company. Mizuho Securities USA LLC increased its position in JVSPAC Acquisition by 219.8% during the third quarter. Mizuho Securities USA LLC now owns 1,353,000 shares of the company’s stock worth $14,491,000 after buying an additional 929,938 shares in the last quarter. Wolverine Asset Management LLC lifted its stake in shares of JVSPAC Acquisition by 21.1% in the fourth quarter. Wolverine Asset Management LLC now owns 475,206 shares of the company’s stock worth $4,952,000 after acquiring an additional 82,867 shares in the last quarter. Shaolin Capital Management LLC boosted its holdings in JVSPAC Acquisition by 40.8% in the third quarter. Shaolin Capital Management LLC now owns 351,882 shares of the company’s stock valued at $3,638,000 after purchasing an additional 101,882 shares during the last quarter. Berkley W R Corp boosted its holdings in JVSPAC Acquisition by 68.7% in the third quarter. Berkley W R Corp now owns 284,731 shares of the company’s stock valued at $2,944,000 after purchasing an additional 115,978 shares during the last quarter. Finally, Rivernorth Capital Management LLC lifted its holdings in JVSPAC Acquisition by 20.1% during the 3rd quarter. Rivernorth Capital Management LLC now owns 246,818 shares of the company’s stock worth $2,552,000 after buying an additional 41,318 shares during the last quarter.

About JVSPAC Acquisition

JVSPAC Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Wan Chai, Hong Kong.