Short Interest in Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG) Drops By 26.3%

Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG) was the target of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 2,800 shares, a decline of 26.3% from the August 31st total of 3,800 shares. Based on an average trading volume of 128,700 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 128,700 shares, the short-interest ratio is presently 0.0 days.

Bold Eagle Acquisition Corp. – Class A Ordinary Shares Trading Down 0.1%

Shares of NASDAQ:BEAG opened at $10.49 on Thursday. The firm’s 50-day moving average is $10.40 and its two-hundred day moving average is $10.37. Bold Eagle Acquisition Corp. – Class A Ordinary Shares has a 1 year low of $9.84 and a 1 year high of $11.20.

Institutional Trading of Bold Eagle Acquisition Corp. – Class A Ordinary Shares

Institutional investors and hedge funds have recently bought and sold shares of the business. Radcliffe Capital Management L.P. purchased a new stake in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares during the second quarter worth approximately $2,243,000. Moore Capital Management LP acquired a new position in Bold Eagle Acquisition Corp. – Class A Ordinary Shares in the second quarter valued at approximately $10,470,000. Massar Capital Management LP acquired a new position in Bold Eagle Acquisition Corp. – Class A Ordinary Shares in the second quarter valued at approximately $838,000. Linden Advisors LP boosted its holdings in Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 43.8% in the second quarter. Linden Advisors LP now owns 1,150,000 shares of the company’s stock valued at $12,040,000 after purchasing an additional 350,000 shares in the last quarter. Finally, Lighthouse Investment Partners LLC boosted its holdings in Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 78.6% in the second quarter. Lighthouse Investment Partners LLC now owns 1,250,000 shares of the company’s stock valued at $13,088,000 after purchasing an additional 550,000 shares in the last quarter.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares in a report on Wednesday. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

Bold Eagle Acquisition Corp. – Class A Ordinary Shares Company Profile

Bold Eagle Acquisition Corp. operates as a blank check company. It formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization and similar business combination with one or more businesses. The company was founded on February 22, 2021 and is headquartered in New York, NY.