Short Interest in Bayview Acquisition Corp. (NASDAQ:BAYA) Decreases By 20.0%

Bayview Acquisition Corp. (NASDAQ:BAYA) was the recipient of a significant drop in short interest in January. As of January 30th, there was short interest totaling 36 shares, a drop of 20.0% from the January 15th total of 45 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,923 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 2,923 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Investors Weigh In On Bayview Acquisition

Large investors have recently modified their holdings of the company. Berkley W R Corp lifted its position in shares of Bayview Acquisition by 5.6% during the 2nd quarter. Berkley W R Corp now owns 298,371 shares of the company’s stock worth $3,327,000 after purchasing an additional 15,883 shares during the last quarter. Wolverine Asset Management LLC lifted its holdings in Bayview Acquisition by 1.4% during the 3rd quarter. Wolverine Asset Management LLC now owns 202,976 shares of the company’s stock worth $2,330,000 after buying an additional 2,879 shares during the last quarter. Finally, Clear Street Group Inc. lifted its holdings in Bayview Acquisition by 2,875.4% during the 4th quarter. Clear Street Group Inc. now owns 33,354 shares of the company’s stock worth $396,000 after buying an additional 32,233 shares during the last quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d+)” rating on shares of Bayview Acquisition in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Bayview Acquisition has an average rating of “Sell”.

Bayview Acquisition Stock Performance

BAYA stock opened at $11.84 on Tuesday. The company’s 50 day moving average price is $11.76 and its 200 day moving average price is $11.42. Bayview Acquisition has a fifty-two week low of $10.79 and a fifty-two week high of $12.24.

Bayview Acquisition Company Profile

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.