Keen Vision Acquisition Co. (NASDAQ:KVACW – Get Free Report) saw a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 14,107 shares, a decline of 37.3% from the May 14th total of 22,506 shares. Based on an average daily volume of 15,329 shares, the short-interest ratio is currently 0.9 days.
Keen Vision Acquisition Price Performance
KVACW opened at $0.02 on Monday. The company has a 50-day moving average of $0.02 and a 200-day moving average of $0.05. Keen Vision Acquisition has a 1-year low of $0.01 and a 1-year high of $0.14.
About Keen Vision Acquisition
Keen Vision Acquisition Corp. (NASDAQ: KVACW) is a special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Incorporated in Delaware in 2020, the company raised capital through an initial public offering that provided the financial resources needed to pursue acquisition targets. Keen Vision Acquisition operates as a blank check vehicle, offering investors exposure to potential growth opportunities through its warrant-trading structure.
The company is led by a management team with backgrounds in technology investment, corporate finance and operational leadership.
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