Bayview Acquisition Corp (NASDAQ:BAYA) Sees Significant Drop in Short Interest

Bayview Acquisition Corp (NASDAQ:BAYA) was the recipient of a significant decrease in short interest in October. As of October 15th, there was short interest totalling 500 shares, a decrease of 64.3% from the September 30th total of 1,400 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 36,100 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of Bayview Acquisition

Several large investors have recently added to or reduced their stakes in the business. Shaolin Capital Management LLC boosted its stake in Bayview Acquisition by 100.0% during the 2nd quarter. Shaolin Capital Management LLC now owns 500,000 shares of the company’s stock valued at $5,120,000 after purchasing an additional 250,000 shares in the last quarter. Berkley W R Corp boosted its stake in Bayview Acquisition by 462.9% during the 2nd quarter. Berkley W R Corp now owns 139,682 shares of the company’s stock valued at $1,428,000 after purchasing an additional 114,869 shares in the last quarter. Clear Street LLC boosted its stake in shares of 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 acquiring an additional 15,585 shares in the last quarter. CVI Holdings LLC bought a new stake in shares of Bayview Acquisition during the 2nd quarter worth $1,472,000. Finally, Karpus Management Inc. boosted its stake in shares of Bayview Acquisition by 19.6% during the 1st quarter. Karpus Management Inc. now owns 145,400 shares of the company’s stock worth $1,466,000 after acquiring an additional 23,825 shares in the last quarter.

Bayview Acquisition Stock Performance

Shares of Bayview Acquisition stock opened at $10.62 on Friday. The business’s 50 day simple moving average is $10.43 and its 200-day simple moving average is $10.30. Bayview Acquisition has a twelve month low of $10.01 and a twelve month high of $10.69.

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.