Short Interest in Western Acquisition Ventures Corp. (NASDAQ:WAVS) Increases By 300.0%

Western Acquisition Ventures Corp. (NASDAQ:WAVS) was the recipient of a large increase in short interest in August. As of August 15th, there was short interest totalling 400 shares, an increase of 300.0% from the July 31st total of 100 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 4,800 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of Western Acquisition Ventures

A hedge fund recently raised its stake in Western Acquisition Ventures stock. Clear Street LLC boosted its stake in Western Acquisition Ventures Corp. (NASDAQ:WAVS) by 16.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,061 shares of the company’s stock after purchasing an additional 4,899 shares during the period. Clear Street LLC owned approximately 0.98% of Western Acquisition Ventures worth $381,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 6.55% of the company’s stock.

Western Acquisition Ventures Trading Down 0.3 %

Shares of NASDAQ WAVS opened at $10.50 on Wednesday. Western Acquisition Ventures has a 12-month low of $10.45 and a 12-month high of $15.98. The stock has a fifty day moving average price of $10.85 and a 200 day moving average price of $10.82.

About Western Acquisition Ventures

Western Acquisition Ventures Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. It focuses on businesses operating in the infrastructure and environmental services; health, wellness, and food sustainability; financial technology and financial services; enterprise software and software as a service (SaaS); and leisure and hospitality industries.