Keen Vision Acquisition Co. (NASDAQ:KVAC) Short Interest Up 2,300.0% in March

Keen Vision Acquisition Co. (NASDAQ:KVAC) saw a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 2,400 shares, an increase of 2,300.0% from the February 28th total of 100 shares. Based on an average trading volume of 12,500 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Keen Vision Acquisition Trading Up 0.2 %

Keen Vision Acquisition stock traded up $0.02 during mid-day trading on Thursday, hitting $11.22. The company had a trading volume of 22 shares, compared to its average volume of 69,812. Keen Vision Acquisition has a 12 month low of $10.43 and a 12 month high of $11.22. The stock’s 50 day moving average price is $11.13 and its two-hundred day moving average price is $10.95.

Institutional Investors Weigh In On Keen Vision Acquisition

Several institutional investors and hedge funds have recently made changes to their positions in KVAC. Quarry LP bought a new position in Keen Vision Acquisition during the 3rd quarter valued at about $4,136,000. Toronto Dominion Bank bought a new stake in Keen Vision Acquisition in the 4th quarter worth approximately $304,000. Spartan Fund Management Inc. purchased a new stake in Keen Vision Acquisition during the 4th quarter valued at $779,000. Finally, Yakira Capital Management Inc. purchased a new position in shares of Keen Vision Acquisition in the 4th quarter worth $2,556,000. Institutional investors own 51.72% of the company’s stock.

Keen Vision Acquisition Company Profile

Keen Vision Acquisition Corporation does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, and related business combination with one or more businesses or entities. It also intends to focus on businesses in the biotechnology, consumer goods, and agriculture sectors.