Short Interest in Western Acquisition Ventures Corp. (NASDAQ:WAVS) Rises By 1,000.0%

Western Acquisition Ventures Corp. (NASDAQ:WAVS) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 2,200 shares, a growth of 1,000.0% from the December 31st total of 200 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average trading volume of 2,300 shares, the days-to-cover ratio is currently 1.0 days.

Institutional Trading of Western Acquisition Ventures

An institutional investor recently bought a new position in Western Acquisition Ventures stock. Flow Traders U.S. LLC acquired a new stake in shares of Western Acquisition Ventures Corp. (NASDAQ:WAVS) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 10,295 shares of the company’s stock, valued at approximately $108,000. Flow Traders U.S. LLC owned about 0.29% of Western Acquisition Ventures as of its most recent filing with the Securities and Exchange Commission. 6.55% of the stock is owned by institutional investors and hedge funds.

Western Acquisition Ventures Stock Performance

NASDAQ:WAVS opened at $14.00 on Thursday. The company has a 50-day moving average of $11.09 and a 200-day moving average of $10.95. Western Acquisition Ventures has a twelve month low of $8.50 and a twelve month high of $15.98.

About Western Acquisition Ventures

Western Acquisition Ventures Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to acquire businesses operating in the infrastructure and environmental services; health, wellness, and food sustainability; financial technology and financial services; enterprise software and software as a service (SaaS); and leisure and hospitality industries.