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.
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