Bayview Acquisition Corp. (NASDAQ:BAYA) Short Interest Up 233.3% in February

Bayview Acquisition Corp. (NASDAQ:BAYA) was the recipient of a significant increase in short interest in February. As of February 13th, there was short interest totaling 120 shares, an increase of 233.3% from the January 29th total of 36 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,241 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 2,241 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Trading of Bayview Acquisition

Several institutional investors and hedge funds have recently modified their holdings of the business. Polar Asset Management Partners Inc. purchased a new position in Bayview Acquisition during the fourth quarter worth $1,331,000. Clear Street Group Inc. boosted its stake in shares of Bayview Acquisition by 2,875.4% during the fourth quarter. Clear Street Group Inc. now owns 33,354 shares of the company’s stock valued at $396,000 after acquiring an additional 32,233 shares during the last quarter. Berkley W R Corp boosted its stake in shares of Bayview Acquisition by 5.6% during the second quarter. Berkley W R Corp now owns 298,371 shares of the company’s stock valued at $3,327,000 after acquiring an additional 15,883 shares during the last quarter. Finally, Wolverine Asset Management LLC increased its position in Bayview Acquisition by 1.4% during the 3rd quarter. Wolverine Asset Management LLC now owns 202,976 shares of the company’s stock worth $2,330,000 after purchasing an additional 2,879 shares in the last quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Bayview Acquisition in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Bayview Acquisition presently has an average rating of “Sell”.

Bayview Acquisition Stock Performance

Shares of BAYA stock opened at $11.85 on Thursday. Bayview Acquisition has a fifty-two week low of $10.81 and a fifty-two week high of $12.24. The business has a fifty day simple moving average of $11.79 and a 200-day simple moving average of $11.45.

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.