Short Interest in Bayview Acquisition Corp. (NASDAQ:BAYA) Rises By 100.0%

Bayview Acquisition Corp. (NASDAQ:BAYA) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totaling 400 shares, an increase of 100.0% from the September 30th total of 200 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 200 shares, the short-interest ratio is currently 2.0 days. Based on an average trading volume of 200 shares, the short-interest ratio is currently 2.0 days. Approximately 0.0% of the shares of the company are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed 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, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

Bayview Acquisition Price Performance

Shares of BAYA opened at $11.32 on Friday. Bayview Acquisition has a 1 year low of $10.58 and a 1 year high of $11.99. The stock has a 50 day simple moving average of $11.22 and a 200-day simple moving average of $11.14.

Hedge Funds Weigh In On Bayview Acquisition

A number of hedge funds have recently modified their holdings of the stock. Wolverine Asset Management LLC raised its holdings in shares of Bayview Acquisition by 1.4% in the 3rd quarter. Wolverine Asset Management LLC now owns 202,976 shares of the company’s stock worth $2,330,000 after buying an additional 2,879 shares in the last quarter. Berkley W R Corp raised its holdings 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 buying an additional 15,883 shares in the last quarter. Crossingbridge Advisors LLC raised its holdings in shares of Bayview Acquisition by 33.2% in the 1st quarter. Crossingbridge Advisors LLC now owns 99,909 shares of the company’s stock worth $1,090,000 after buying an additional 24,909 shares in the last quarter. Finally, Mizuho Securities USA LLC raised its holdings in shares of Bayview Acquisition by 2.4% in the 1st quarter. Mizuho Securities USA LLC now owns 526,000 shares of the company’s stock worth $5,681,000 after buying an additional 12,500 shares in the last quarter.

Bayview Acquisition Company Profile

Bayview Acquisition Corp is a blank check company. It formed for the purpose to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Bayview Acquisition Corp is based in Cayman Islands.