Short Interest in Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG) Increases By 92.1%

Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG) saw a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 15,591 shares, a growth of 92.1% from the February 26th total of 8,117 shares. Based on an average trading volume of 157,872 shares, the short-interest ratio is currently 0.1 days.

Bold Eagle Acquisition Corp. – Class A Ordinary Shares Price Performance

Shares of BEAG opened at $10.58 on Friday. The stock’s 50 day moving average is $10.57 and its two-hundred day moving average is $10.59. Bold Eagle Acquisition Corp. – Class A Ordinary Shares has a twelve month low of $10.08 and a twelve month high of $11.20.

Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG) last issued its earnings results on Monday, March 23rd. The company reported $0.07 earnings per share (EPS) for the quarter.

Hedge Funds Weigh In On Bold Eagle Acquisition Corp. – Class A Ordinary Shares

Institutional investors and hedge funds have recently made changes to their positions in the stock. Harraden Circle Investments LLC purchased a new stake in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares during the 4th quarter worth approximately $27,040,000. Centiva Capital LP raised its holdings in Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 455.4% during the third quarter. Centiva Capital LP now owns 1,567,798 shares of the company’s stock worth $16,305,000 after purchasing an additional 1,285,514 shares during the last quarter. Moore Capital Management LP acquired a new position in Bold Eagle Acquisition Corp. – Class A Ordinary Shares during the second quarter worth $10,470,000. Meteora Capital LLC boosted its position in Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 192.8% during the third quarter. Meteora Capital LLC now owns 1,361,224 shares of the company’s stock worth $14,157,000 after purchasing an additional 896,297 shares in the last quarter. Finally, Hudson Bay Capital Management LP boosted its position in Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 627.2% during the third quarter. Hudson Bay Capital Management LP now owns 1,020,311 shares of the company’s stock worth $10,611,000 after purchasing an additional 880,000 shares in the last 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.