Bayview Acquisition Corp. (NASDAQ:BAYA) Short Interest Update

Bayview Acquisition Corp. (NASDAQ:BAYA) saw a significant decline in short interest in the month of March. As of March 13th, there was short interest totaling 551 shares, a decline of 42.7% from the February 26th total of 962 shares. Based on an average daily trading volume, of 1,094 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.0% of the company’s shares are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings restated 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 MarketBeat, the company presently has a consensus rating of “Sell”.

Institutional Trading of Bayview Acquisition

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

Bayview Acquisition Stock Down 0.4%

Shares of BAYA stock opened at $11.90 on Friday. The business’s fifty day moving average is $11.84 and its 200 day moving average is $11.56. Bayview Acquisition has a twelve month low of $10.81 and a twelve month high of $12.24.

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.