Bayview Acquisition Corp. (NASDAQ:BAYA) Short Interest Down 76.8% in December

Bayview Acquisition Corp. (NASDAQ:BAYA) saw a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 156 shares, a decrease of 76.8% from the December 15th total of 671 shares. Based on an average daily volume of 21,083 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 21,083 shares, the days-to-cover ratio is currently 0.0 days.

Bayview Acquisition Price Performance

Shares of NASDAQ:BAYA traded down $0.05 during trading on Tuesday, reaching $11.82. 1,018 shares of the company’s stock traded hands, compared to its average volume of 12,947. Bayview Acquisition has a fifty-two week low of $10.74 and a fifty-two week high of $12.22. The company has a 50-day simple moving average of $11.52 and a 200-day simple moving average of $11.31.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Bayview Acquisition stock. Wolverine Asset Management LLC boosted its stake in shares of Bayview Acquisition Corp. (NASDAQ:BAYA) by 1.4% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 202,976 shares of the company’s stock after acquiring an additional 2,879 shares during the period. Wolverine Asset Management LLC owned about 5.85% of Bayview Acquisition worth $2,330,000 at the end of the most recent quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of Bayview Acquisition in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus 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.