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 recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 27,076 shares, an increase of 22.1% from the November 30th total of 22,167 shares. Based on an average trading volume of 21,472 shares, the days-to-cover ratio is currently 1.3 days. Based on an average trading volume of 21,472 shares, the days-to-cover ratio is currently 1.3 days.

Institutional Investors Weigh In On Bold Eagle Acquisition Corp. – Class A Ordinary Shares

Large investors have recently added to or reduced their stakes in the company. Cannon Global Investment Management LLC bought a new position in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares during the second quarter valued at about $168,000. Wealthspring Capital LLC purchased a new position in Bold Eagle Acquisition Corp. – Class A Ordinary Shares during the 2nd quarter valued at about $249,000. Clear Street LLC bought a new position in Bold Eagle Acquisition Corp. – Class A Ordinary Shares during the 2nd quarter valued at approximately $292,000. Clear Street Group Inc. bought a new position in Bold Eagle Acquisition Corp. – Class A Ordinary Shares during the 3rd quarter valued at approximately $446,000. Finally, Susquehanna International Group LLP purchased a new stake in Bold Eagle Acquisition Corp. – Class A Ordinary Shares in the 3rd quarter worth approximately $790,000.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Bold Eagle Acquisition Corp. – Class A Ordinary Shares currently has an average rating of “Sell”.

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

BEAG opened at $10.58 on Friday. The stock’s 50 day simple moving average is $10.65 and its 200 day simple moving average is $10.52. Bold Eagle Acquisition Corp. – Class A Ordinary Shares has a 1 year low of $9.86 and a 1 year high of $11.20.

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

Bold Eagle Acquisition Corp. – Class A Ordinary Shares Company Profile

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.