Keen Vision Acquisition Co. (NASDAQ:KVAC) Sees Large Drop in Short Interest

Keen Vision Acquisition Co. (NASDAQ:KVAC) saw a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 1,200 shares, a drop of 69.2% from the January 31st total of 3,900 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 10,000 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of KVAC. Mizuho Securities USA LLC grew its stake in shares of Keen Vision Acquisition by 2,258.7% during the 3rd quarter. Mizuho Securities USA LLC now owns 1,353,000 shares of the company’s stock worth $14,491,000 after purchasing an additional 1,295,637 shares during the period. Wolverine Asset Management LLC boosted its holdings in Keen Vision Acquisition by 34.2% during the third quarter. Wolverine Asset Management LLC now owns 885,388 shares of the company’s stock worth $9,527,000 after buying an additional 225,839 shares in the last quarter. Quarry LP purchased a new stake in Keen Vision Acquisition during the third quarter worth $4,136,000. Yakira Capital Management Inc. acquired a new stake in Keen Vision Acquisition during the fourth quarter valued at $2,556,000. Finally, Spartan Fund Management Inc. purchased a new position in Keen Vision Acquisition in the fourth quarter valued at $779,000. 51.72% of the stock is currently owned by hedge funds and other institutional investors.

Keen Vision Acquisition Trading Up 0.0 %

NASDAQ KVAC opened at $11.15 on Friday. Keen Vision Acquisition has a fifty-two week low of $10.40 and a fifty-two week high of $11.15. The stock has a 50-day simple moving average of $11.05 and a two-hundred day simple moving average of $10.88.

About Keen Vision Acquisition

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.