Short Interest in Bayview Acquisition Corp. (NASDAQ:BAYA) Decreases By 71.2%

Bayview Acquisition Corp. (NASDAQ:BAYA) was the target of a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 45 shares, a decline of 71.2% from the December 31st total of 156 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 10,320 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 10,320 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Bayview Acquisition Trading Down 0.6%

BAYA opened at $11.81 on Friday. The business’s 50-day simple moving average is $11.65 and its 200-day simple moving average is $11.36. Bayview Acquisition has a one year low of $10.75 and a one year high of $12.22.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of Bayview Acquisition in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Bayview Acquisition presently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Bayview Acquisition

An institutional investor recently raised its position in Bayview Acquisition stock. Wolverine Asset Management LLC grew its holdings in Bayview Acquisition Corp. (NASDAQ:BAYA) by 1.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 202,976 shares of the company’s stock after buying an additional 2,879 shares during the quarter. Wolverine Asset Management LLC owned about 5.85% of Bayview Acquisition worth $2,330,000 at the end of the most recent quarter.

Bayview Acquisition Company Profile

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.