Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG) Short Interest Down 59.0% in January

Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG) was the target of a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 8,630 shares, a decrease of 59.0% from the December 31st total of 21,051 shares. Based on an average daily trading volume, of 41,556 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 41,556 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Cannon Global Investment Management LLC purchased a new stake in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares during the second quarter valued at $168,000. Wealthspring Capital LLC purchased a new stake in Bold Eagle Acquisition Corp. – Class A Ordinary Shares during the 2nd quarter valued at about $249,000. Clear Street LLC acquired a new position in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares in the second quarter valued at about $292,000. Clear Street Group Inc. purchased a new position in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares in the third quarter worth about $446,000. Finally, FNY Investment Advisers LLC lifted its holdings in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 3,988.6% during the fourth quarter. FNY Investment Advisers LLC now owns 71,550 shares of the company’s stock worth $756,000 after purchasing an additional 69,800 shares during the period.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares in a report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

Bold Eagle Acquisition Corp. – Class A Ordinary Shares Trading Down 0.4%

Shares of BEAG opened at $10.61 on Friday. Bold Eagle Acquisition Corp. – Class A Ordinary Shares has a 12 month low of $9.90 and a 12 month high of $11.20. The stock has a fifty day moving average price of $10.63 and a 200-day moving average price of $10.55.

Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG) last announced its earnings results on Thursday, November 13th. The company reported $0.08 earnings per share (EPS) for the quarter.

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

Bold Eagle Acquisition Corp. is a Delaware-incorporated special purpose acquisition company whose Class A ordinary shares trade on the Nasdaq under the ticker BEAG. The company was formed to raise capital through an initial public offering, providing investors with the opportunity to participate in a business combination with one or more target companies.

As a blank‐check company, Bold Eagle Acquisition has not yet announced a definitive merger or acquisition target. Its mandate allows it to pursue transactions across a wide range of industries and geographies, subject to approval by its shareholders and regulatory requirements.

Bold Eagle Acquisition’s operations are overseen by a board and management team with experience in capital markets and corporate strategy.