Bayview Acquisition Corp. (NASDAQ:BAYA) Short Interest Down 71.2% in January

Bayview Acquisition Corp. (NASDAQ:BAYA) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 45 shares, a decline of 71.2% from the December 31st total of 156 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 10,320 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 10,320 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of Bayview Acquisition in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Bayview Acquisition stock. Berkley W R Corp raised its position in Bayview Acquisition Corp. (NASDAQ:BAYA) by 5.6% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 298,371 shares of the company’s stock after purchasing an additional 15,883 shares during the period. Berkley W R Corp owned 5.48% of Bayview Acquisition worth $3,327,000 as of its most recent filing with the Securities and Exchange Commission.

Bayview Acquisition Trading Up 0.0%

Bayview Acquisition stock opened at $11.77 on Wednesday. Bayview Acquisition has a 52-week low of $10.75 and a 52-week high of $12.22. The company’s 50 day moving average is $11.63 and its two-hundred day moving average is $11.35.

About Bayview Acquisition

Bayview Acquisition Corp. is a special purpose acquisition company incorporated in Delaware and trading on the Nasdaq under the symbol BAYA. The firm was formed to raise capital through an initial public offering of units comprised of Class A ordinary shares and warrants. As a blank‐check company, Bayview Acquisition’s primary objective is to complete a merger, stock purchase, asset acquisition or similar business combination with one or more businesses.

Bayview Acquisition focuses on identifying and partnering with companies in the global travel, leisure, hospitality and related technology sectors.