Short Interest in Bayview Acquisition Corp (NASDAQ:BAYA) Declines By 18.8%

Bayview Acquisition Corp (NASDAQ:BAYA) was the target of a significant decrease in short interest in August. As of August 31st, there was short interest totalling 2,600 shares, a decrease of 18.8% from the August 15th total of 3,200 shares. Based on an average trading volume of 50,900 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

Hedge Funds Weigh In On Bayview Acquisition

A number of institutional investors and hedge funds have recently made changes to their positions in BAYA. Clear Street LLC raised its stake in Bayview Acquisition by 408.3% during the 2nd quarter. Clear Street LLC now owns 19,402 shares of the company’s stock worth $199,000 after buying an additional 15,585 shares during the period. Berkley W R Corp acquired a new stake in Bayview Acquisition in the 1st quarter valued at $249,000. Karpus Management Inc. bought a new stake in Bayview Acquisition during the 4th quarter valued at $1,217,000. CVI Holdings LLC acquired a new position in Bayview Acquisition during the second quarter worth $1,472,000. Finally, Mizuho Securities USA LLC bought a new position in shares of Bayview Acquisition in the first quarter valued at $2,196,000.

Bayview Acquisition Trading Up 0.8 %

NASDAQ:BAYA traded up $0.08 during trading hours on Tuesday, reaching $10.45. The company had a trading volume of 500 shares, compared to its average volume of 42,990. Bayview Acquisition has a twelve month low of $10.01 and a twelve month high of $10.45. The business’s 50-day simple moving average is $10.31 and its two-hundred day simple moving average is $10.22.

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.