Shares of Western Acquisition Ventures Corp. (NASDAQ:WAVS – Get Free Report) were down 33.3% during mid-day trading on Thursday . The company traded as low as $10.00 and last traded at $12.00. Approximately 2,379 shares traded hands during mid-day trading, a decline of 52% from the average daily volume of 4,941 shares. The stock had previously closed at $18.00.
Western Acquisition Ventures Stock Down 33.3 %
The stock’s 50 day moving average is $14.88 and its 200-day moving average is $12.40.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Western Acquisition Ventures stock. Flow Traders U.S. LLC purchased a new position in Western Acquisition Ventures Corp. (NASDAQ:WAVS – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,295 shares of the company’s stock, valued at approximately $108,000. Flow Traders U.S. LLC owned about 0.29% of Western Acquisition Ventures as of its most recent SEC filing. Hedge funds and other institutional investors own 6.55% of the company’s stock.
About Western Acquisition Ventures
Western Acquisition Ventures Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to acquire businesses operating in the infrastructure and environmental services; health, wellness, and food sustainability; financial technology and financial services; enterprise software and software as a service (SaaS); and leisure and hospitality industries.
Further Reading
- Five stocks we like better than Western Acquisition Ventures
- How to Invest in the Best Canadian Stocks
- Conagra Stock Could Thrive as Tariffs Hit Other Sectors
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- Grocery Costs and Tariffs Now Top of Mind in Everyday Conversations, New Survey Finds
- What is the S&P 500 and How It is Distinct from Other Indexes
- Spotify Stock Eyes Double-Digit Upside—Is Now the Time to Buy?
Receive News & Ratings for Western Acquisition Ventures Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Acquisition Ventures and related companies with MarketBeat.com's FREE daily email newsletter.
