Bayview Acquisition Corp (NASDAQ:BAYA – Get Free Report) was the recipient of a significant decline in short interest in the month of August. As of August 31st, there was short interest totalling 2,600 shares, a decline of 18.8% from the August 15th total of 3,200 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 50,900 shares, the short-interest ratio is presently 0.1 days.
Hedge Funds Weigh In On Bayview Acquisition
A number of institutional investors have recently bought and sold shares of BAYA. Karpus Management Inc. purchased a new position in Bayview Acquisition in the 4th quarter worth about $1,217,000. Glazer Capital LLC purchased a new position in Bayview Acquisition in the 4th quarter worth about $2,504,000. Mizuho Securities USA LLC purchased a new position in Bayview Acquisition in the 1st quarter worth about $2,196,000. Periscope Capital Inc. purchased a new position in Bayview Acquisition in the 1st quarter worth about $2,623,000. Finally, Berkley W R Corp purchased a new position in Bayview Acquisition in the 1st quarter worth about $249,000.
Bayview Acquisition Stock Performance
BAYA remained flat at $10.37 during trading on Monday. The business has a 50 day moving average price of $10.31 and a 200 day moving average price of $10.22. Bayview Acquisition has a 12-month low of $10.01 and a 12-month high of $10.37.
Bayview Acquisition Company Profile
Bayview Acquisition Corp is a blank check company. It formed for the purpose to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Bayview Acquisition Corp is based in Cayman Islands.
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