Bayview Acquisition Corp (NASDAQ:BAYA) Short Interest Down 23.8% in August

Bayview Acquisition Corp (NASDAQ:BAYA) was the recipient of a large decline in short interest in the month of August. As of August 15th, there was short interest totalling 3,200 shares, a decline of 23.8% from the July 31st total of 4,200 shares. Based on an average daily volume of 35,500 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On Bayview Acquisition

Several hedge funds have recently modified their holdings of BAYA. CVI Holdings LLC acquired a new position in Bayview Acquisition in the 2nd quarter worth about $1,472,000. Shaolin Capital Management LLC raised its stake in shares of Bayview Acquisition by 100.0% during the 2nd quarter. Shaolin Capital Management LLC now owns 500,000 shares of the company’s stock worth $5,120,000 after buying an additional 250,000 shares during the period. Berkley W R Corp lifted its position in shares of 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 buying an additional 114,869 shares in the last quarter. Clear Street LLC grew its stake in Bayview Acquisition by 408.3% in the 2nd quarter. Clear Street LLC now owns 19,402 shares of the company’s stock valued at $199,000 after acquiring an additional 15,585 shares during the period. Finally, Murchinson Ltd. purchased a new stake in Bayview Acquisition in the 1st quarter worth $2,719,000.

Bayview Acquisition Stock Performance

BAYA stock remained flat at $10.34 during midday trading on Friday. 57,230 shares of the company traded hands, compared to its average volume of 39,663. Bayview Acquisition has a 52 week low of $10.01 and a 52 week high of $10.35. The company’s fifty day moving average is $10.29 and its two-hundred day moving average is $10.20.

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.