Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG) Short Interest Update

Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG) was the target of a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 8,630 shares, a drop of 59.0% from the December 31st total of 21,051 shares. Based on an average daily volume of 41,556 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 41,556 shares, the short-interest ratio is currently 0.2 days.

Bold Eagle Acquisition Corp. – Class A Ordinary Shares Stock Performance

Shares of NASDAQ:BEAG traded up $0.01 during trading on Friday, hitting $10.62. The company’s stock had a trading volume of 230,646 shares, compared to its average volume of 36,412. Bold Eagle Acquisition Corp. – Class A Ordinary Shares has a fifty-two week low of $9.90 and a fifty-two week high of $11.20. The business has a 50 day moving average price of $10.63 and a two-hundred day moving average price of $10.55.

Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG) last announced its earnings results on Thursday, November 13th. The company reported $0.08 earnings per share for the quarter.

Hedge Funds Weigh In On Bold Eagle Acquisition Corp. – Class A Ordinary Shares

A number of institutional investors have recently bought and sold shares of BEAG. Cannon Global Investment Management LLC acquired a new position in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares in the second quarter worth $168,000. Wealthspring Capital LLC acquired a new stake in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares during the 2nd quarter valued at about $249,000. Clear Street LLC acquired a new position in Bold Eagle Acquisition Corp. – Class A Ordinary Shares in the second quarter worth approximately $292,000. Clear Street Group Inc. bought a new position in Bold Eagle Acquisition Corp. – Class A Ordinary Shares during the third quarter valued at approximately $446,000. Finally, FNY Investment Advisers LLC lifted its stake in Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 3,988.6% in the fourth quarter. FNY Investment Advisers LLC now owns 71,550 shares of the company’s stock valued at $756,000 after acquiring an additional 69,800 shares during the last quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Bold Eagle Acquisition Corp. – Class A Ordinary Shares presently has a consensus rating of “Sell”.

About Bold Eagle Acquisition Corp. – Class A Ordinary Shares

Bold Eagle Acquisition Corp. is a Delaware-incorporated special purpose acquisition company whose Class A ordinary shares trade on the Nasdaq under the ticker BEAG. The company was formed to raise capital through an initial public offering, providing investors with the opportunity to participate in a business combination with one or more target companies.

As a blank‐check company, Bold Eagle Acquisition has not yet announced a definitive merger or acquisition target. Its mandate allows it to pursue transactions across a wide range of industries and geographies, subject to approval by its shareholders and regulatory requirements.

Bold Eagle Acquisition’s operations are overseen by a board and management team with experience in capital markets and corporate strategy.