Short Interest in Bayview Acquisition Corp. (NASDAQ:BAYA) Declines By 20.0%

Bayview Acquisition Corp. (NASDAQ:BAYA) was the target of a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 36 shares, a decline of 20.0% from the January 15th total of 45 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 2,923 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 2,923 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Bayview Acquisition Stock Performance

Shares of BAYA opened at $11.84 on Monday. Bayview Acquisition has a 52 week low of $10.79 and a 52 week high of $12.24. The stock’s 50-day moving average price is $11.75 and its 200-day moving average price is $11.42.

Hedge Funds Weigh In On Bayview Acquisition

A hedge fund recently raised its stake in Bayview Acquisition stock. Wolverine Asset Management LLC grew its holdings 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 institutional investor owned 202,976 shares of the company’s stock after buying an additional 2,879 shares during the quarter. Wolverine Asset Management LLC owned 5.85% of Bayview Acquisition worth $2,330,000 as of its most recent SEC filing.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d+)” rating on shares of Bayview Acquisition in a research 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 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.