Bayview Acquisition Corp (NASDAQ:BAYAU) Sees Significant Decrease in Short Interest

Bayview Acquisition Corp (NASDAQ:BAYAU) was the recipient of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 5 shares, a decrease of 95.0% from the June 15th total of 101 shares. Based on an average daily trading volume, of 216 shares, the short-interest ratio is currently 0.0 days.

Bayview Acquisition Price Performance

BAYAU remained flat at $12.00 during trading on Friday. Bayview Acquisition has a fifty-two week low of $11.85 and a fifty-two week high of $23.00. The firm’s fifty day moving average price is $12.63 and its two-hundred day moving average price is $12.15.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Bayview Acquisition stock. Clear Street Group Inc. bought a new position in Bayview Acquisition Corp (NASDAQ:BAYAU) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 10,704 shares of the company’s stock, valued at approximately $118,000.

Bayview Acquisition Company Profile

Bayview Acquisition Corp. (NASDAQ: BAYAU) is a special purpose acquisition company organized as a Delaware corporation in January 2021. The firm’s units trade on the Nasdaq Capital Market, and its primary objective is to effect a merger, capital stock exchange, asset acquisition, stock purchase or similar business combination with one or more operating businesses.

The company was sponsored by BayView Asset Management, L.P., an investment firm with decades of experience in real estate credit and structured finance.