Short Interest in Bayview Acquisition Corp. (NASDAQ:BAYA) Grows By 60.5%

Bayview Acquisition Corp. (NASDAQ:BAYA) was the target of a large increase in short interest in December. As of December 15th, there was short interest totaling 671 shares, an increase of 60.5% from the November 30th total of 418 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 5,087 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 5,087 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d+)” rating on shares of Bayview Acquisition in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

Bayview Acquisition Trading Down 1.0%

NASDAQ:BAYA traded down $0.12 during midday trading on Friday, reaching $11.64. 2,060 shares of the company traded hands, compared to its average volume of 11,268. The company has a fifty day moving average price of $11.41 and a 200 day moving average price of $11.26. Bayview Acquisition has a twelve month low of $10.68 and a twelve month high of $12.22.

Institutional Trading of Bayview Acquisition

A hedge fund recently raised its stake in Bayview Acquisition stock. Berkley W R Corp raised its position in shares of Bayview Acquisition Corp. (NASDAQ:BAYA) by 5.6% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm 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 at the end of the most recent quarter.

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.