Bayview Acquisition (NASDAQ:BAYAU) Shares Down 1.3% – What’s Next?

Bayview Acquisition Corp (NASDAQ:BAYAUGet Free Report)’s stock price dropped 1.3% during mid-day trading on Monday . The stock traded as low as $11.85 and last traded at $11.85. Approximately 302 shares changed hands during trading, a decline of 56% from the average daily volume of 688 shares. The stock had previously closed at $12.00.

Bayview Acquisition Price Performance

The firm has a 50 day moving average price of $11.89 and a two-hundred day moving average price of $11.54.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Bayview Acquisition stock. Clear Street Group Inc. acquired a new stake in Bayview Acquisition Corp (NASDAQ:BAYAUFree Report) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 10,704 shares of the company’s stock, valued at approximately $118,000.

About Bayview Acquisition

(Get Free Report)

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.

Further Reading

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