Short Interest in Bayview Acquisition Corp. (NASDAQ:BAYA) Drops By 76.8%

Bayview Acquisition Corp. (NASDAQ:BAYA) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 156 shares, a decline of 76.8% from the December 15th total of 671 shares. Based on an average trading volume of 21,083 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 21,083 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On Bayview Acquisition

An institutional investor recently raised its position in Bayview Acquisition stock. Berkley W R Corp grew its holdings in Bayview Acquisition Corp. (NASDAQ:BAYA) by 5.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 298,371 shares of the company’s stock after acquiring an additional 15,883 shares during the period. Berkley W R Corp owned about 5.48% of Bayview Acquisition worth $3,327,000 at the end of the most recent quarter.

Wall Street Analysts Forecast Growth

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

Bayview Acquisition Trading Down 0.4%

NASDAQ:BAYA traded down $0.05 during mid-day trading on Tuesday, hitting $11.82. 1,018 shares of the company’s stock traded hands, compared to its average volume of 12,947. The company has a fifty day moving average of $11.52 and a 200 day moving average of $11.31. Bayview Acquisition has a twelve month low of $10.74 and a twelve month high of $12.22.

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.