Bayview Acquisition Corp (NASDAQ:BAYA) Sees Large Decrease in Short Interest

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

Bayview Acquisition Price Performance

Shares of BAYA stock remained flat at $10.62 on Friday. The stock had a trading volume of 6 shares, compared to its average volume of 39,119. Bayview Acquisition has a 12 month low of $10.01 and a 12 month high of $10.69. The firm’s 50 day moving average price is $10.43 and its 200 day moving average price is $10.30.

Institutional Investors Weigh In On Bayview Acquisition

A number of institutional investors have recently made changes to their positions in BAYA. Clear Street LLC grew its stake in shares of 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 purchasing an additional 15,585 shares during the period. Berkley W R Corp acquired a new stake in shares of Bayview Acquisition during the first quarter worth $249,000. Karpus Management Inc. grew its stake in shares of Bayview Acquisition by 19.6% during the first quarter. Karpus Management Inc. now owns 145,400 shares of the company’s stock worth $1,466,000 after purchasing an additional 23,825 shares during the period. CVI Holdings LLC acquired a new stake in shares of Bayview Acquisition during the second quarter worth $1,472,000. Finally, Mizuho Securities USA LLC acquired a new stake in shares of Bayview Acquisition during the first quarter worth $2,196,000.

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.