Bayview Acquisition Corp (NASDAQ:BAYA) Short Interest Down 18.8% in August

Bayview Acquisition Corp (NASDAQ:BAYA) was the recipient 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 presently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On Bayview Acquisition

Several hedge funds have recently bought and sold shares of the company. Clear Street LLC increased its position in Bayview Acquisition by 408.3% during the second 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 last quarter. Berkley W R Corp bought a new stake in Bayview Acquisition in the 1st quarter valued at $249,000. Karpus Management Inc. bought a new stake in Bayview Acquisition in the 4th quarter valued at $1,217,000. CVI Holdings LLC acquired a new stake in Bayview Acquisition during the 2nd quarter valued at $1,472,000. Finally, Mizuho Securities USA LLC bought a new position in Bayview Acquisition during the first quarter worth $2,196,000.

Bayview Acquisition Stock Performance

Shares of BAYA traded up $0.05 during midday trading on Friday, reaching $10.37. The stock had a trading volume of 311 shares, compared to its average volume of 43,419. The firm has a 50 day simple moving average of $10.31 and a 200-day simple moving average of $10.22. Bayview Acquisition has a one year low of $10.01 and a one year high of $10.37.

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.