TG Venture Acquisition Corp. (NASDAQ:TGVC – Get Rating) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totalling 4,100 shares, an increase of 28.1% from the May 31st total of 3,200 shares. Currently, 0.0% of the company's stock are sold short. Based on an average trading volume of 13,900 shares, the days-to-cover ratio is presently 0.3 days.

Large investors have recently added to or reduced their stakes in the stock. CSS LLC IL acquired a new position in shares of TG Venture Acquisition in the fourth quarter worth about $1,465,000. Fifth Lane Capital LP acquired a new position in shares of TG Venture Acquisition in the fourth quarter worth about $242,000. Beryl Capital Management LLC acquired a new position in shares of TG Venture Acquisition in the fourth quarter worth about $1,852,000. Context Capital Management LLC acquired a new stake in TG Venture Acquisition during the first quarter valued at approximately $2,072,000. Finally, Lynwood Capital Management Inc. acquired a new stake in TG Venture Acquisition during the first quarter valued at approximately $500,000. Institutional investors and hedge funds own 52.44% of the company's stock.

NASDAQ:TGVC opened at $9.94 on Tuesday. TG Venture Acquisition has a one year low of $9.78 and a one year high of $10.42. The business's 50-day simple moving average is $9.93 and its 200 day simple moving average is $9.89.

TG Venture Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on the technology industries primarily within the space technology, financial technology, technology, media and telecom, and related sectors in the United States and other developed countries.

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