TG Venture Acquisition Corp. (NASDAQ:TGVC – Get Rating) was the target of a large decrease in short interest in November. As of November 30th, there was short interest totalling 7,100 shares, a decrease of 21.1% from the November 15th total of 9,000 shares. Currently, 0.1% of the company's stock are short sold. Based on an average trading volume of 11,000 shares, the days-to-cover ratio is presently 0.6 days.

TG Venture Acquisition Stock Performance

Shares of TGVC remained flat at $10.14 during mid-day trading on Thursday. The stock had a trading volume of 100 shares, compared to its average volume of 34,803. TG Venture Acquisition has a fifty-two week low of $9.78 and a fifty-two week high of $10.42. The firm's 50-day moving average price is $10.06 and its 200 day moving average price is $9.99.

Hedge Funds Weigh In On TG Venture Acquisition

Hedge funds have recently added to or reduced their stakes in the stock. Glazer Capital LLC acquired a new stake in TG Venture Acquisition during the third quarter worth approximately $25,000. Robinson Capital Management LLC acquired a new stake in TG Venture Acquisition during the second quarter worth approximately $87,000. Toroso Investments LLC acquired a new stake in TG Venture Acquisition during the third quarter worth approximately $101,000. Flow Traders U.S. LLC acquired a new stake in TG Venture Acquisition during the third quarter worth approximately $127,000. Finally, Centiva Capital LP acquired a new stake in TG Venture Acquisition during the second quarter worth approximately $232,000. 70.92% of the stock is currently owned by hedge funds and other institutional investors.

About TG Venture Acquisition

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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