Bayview Acquisition Corp (NASDAQ:BAYA) Sees Significant Decrease in Short Interest

Bayview Acquisition Corp (NASDAQ:BAYA) was the target of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totalling 500 shares, a decrease of 64.3% from the September 30th total of 1,400 shares. Based on an average daily trading volume, of 36,100 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Bayview Acquisition Stock Performance

Shares of BAYA remained flat at $10.62 during mid-day trading on Friday. 6 shares of the stock traded hands, compared to its average volume of 39,119. Bayview Acquisition has a twelve month low of $10.01 and a twelve month high of $10.69. The company has a fifty day simple moving average of $10.43 and a 200 day simple moving average of $10.30.

Institutional Trading of Bayview Acquisition

Several institutional investors and hedge funds have recently added to or reduced their stakes in BAYA. Murchinson Ltd. purchased a new stake in shares of Bayview Acquisition during the first quarter worth approximately $2,719,000. Periscope Capital Inc. acquired a new stake in Bayview Acquisition in the first quarter valued at about $2,623,000. Shaolin Capital Management LLC boosted its holdings in Bayview Acquisition by 100.0% in the 2nd quarter. Shaolin Capital Management LLC now owns 500,000 shares of the company’s stock valued at $5,120,000 after purchasing an additional 250,000 shares in the last quarter. Mizuho Securities USA LLC acquired a new position in Bayview Acquisition during the 1st quarter worth approximately $2,196,000. Finally, CVI Holdings LLC purchased a new position in shares of Bayview Acquisition during the 2nd quarter worth approximately $1,472,000.

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.