SVF Investment Corp. (NASDAQ:SVFA – Get Rating) was the target of a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 640,800 shares, a decline of 24.7% from the December 31st total of 851,000 shares. Based on an average trading volume of 311,600 shares, the days-to-cover ratio is presently 2.1 days. Currently, 1.4% of the shares of the company are short sold.
SVF Investment Trading Down 0.1 %
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Shares of SVF Investment stock traded down $0.01 on Friday, reaching $10.15. 18,127 shares of the stock were exchanged, compared to its average volume of 671,295. SVF Investment has a 1-year low of $9.72 and a 1-year high of $10.16. The business has a fifty day moving average price of $10.10 and a two-hundred day moving average price of $9.99.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in the company. Glazer Capital LLC boosted its holdings in SVF Investment by 48.6% during the third quarter. Glazer Capital LLC now owns 3,840,809 shares of the company’s stock worth $38,254,000 after buying an additional 1,256,394 shares in the last quarter. Weiss Asset Management LP lifted its holdings in shares of SVF Investment by 21.8% in the third quarter. Weiss Asset Management LP now owns 2,438,528 shares of the company’s stock valued at $24,288,000 after purchasing an additional 435,693 shares in the last quarter. Sculptor Capital LP lifted its holdings in shares of SVF Investment by 27.6% in the second quarter. Sculptor Capital LP now owns 1,934,415 shares of the company’s stock valued at $19,073,000 after purchasing an additional 418,491 shares in the last quarter. Mizuho Markets Americas LLC purchased a new stake in shares of SVF Investment in the third quarter valued at about $16,331,000. Finally, Millennium Management LLC lifted its stake in shares of SVF Investment by 54.8% during the second quarter. Millennium Management LLC now owns 1,575,507 shares of the company’s stock valued at $15,534,000 after buying an additional 557,794 shares during the period. 70.64% of the stock is currently owned by institutional investors and hedge funds.
SVF Investment Company Profile
SVF Investment 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 2020 and is based in San Carlos, California.
See Also
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