Bayview Acquisition Corp. (NASDAQ:BAYA) Short Interest Up 60.5% in December

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

Bayview Acquisition Trading Down 1.0%

Shares of BAYA opened at $11.64 on Monday. The firm has a 50-day moving average price of $11.41 and a 200 day moving average price of $11.26. Bayview Acquisition has a 52-week low of $10.68 and a 52-week high of $12.22.

Institutional Investors Weigh In On Bayview Acquisition

An institutional investor recently raised its position in Bayview Acquisition stock. Wolverine Asset Management LLC boosted its position in Bayview Acquisition Corp. (NASDAQ:BAYA) by 1.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 202,976 shares of the company’s stock after purchasing an additional 2,879 shares during the period. Wolverine Asset Management LLC owned approximately 5.85% of Bayview Acquisition worth $2,330,000 as of its most recent SEC filing.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated 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 MarketBeat, the stock currently has an average rating of “Sell”.

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.