Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG – Get Free Report) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 11,263 shares, an increase of 125.2% from the August 31st total of 5,001 shares. Based on an average daily volume of 11,162 shares, the days-to-cover ratio is currently 1.0 days.
Bold Eagle Acquisition Corp. – Class A Ordinary Shares Stock Up 0.1%
Shares of BEAG stock traded up $0.01 during mid-day trading on Tuesday, hitting $10.70. The stock had a trading volume of 978,288 shares, compared to its average volume of 148,266. The company’s 50-day simple moving average is $10.74 and its 200-day simple moving average is $10.65. Bold Eagle Acquisition Corp. – Class A Ordinary Shares has a fifty-two week low of $10.35 and a fifty-two week high of $11.11.
Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG – Get Free Report) last issued its quarterly earnings results on Friday, August 14th. The company reported $0.03 earnings per share (EPS) for the quarter.
Analyst Upgrades and Downgrades
Read Our Latest Stock Analysis on BEAG
Hedge Funds Weigh In On Bold Eagle Acquisition Corp. – Class A Ordinary Shares
A number of large investors have recently modified their holdings of BEAG. Cannon Global Investment Management LLC boosted its stake in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 13.2% in the first quarter. Cannon Global Investment Management LLC now owns 28,300 shares of the company’s stock valued at $299,000 after buying an additional 3,300 shares in the last quarter. Lineage Point Capital LP acquired a new stake in Bold Eagle Acquisition Corp. – Class A Ordinary Shares in the fourth quarter valued at $637,000. Sona Asset Management US LLC acquired a new stake in Bold Eagle Acquisition Corp. – Class A Ordinary Shares in the first quarter valued at $990,000. SkyView Investment Advisors LLC purchased a new stake in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares during the 2nd quarter worth $1,038,000. Finally, Fifth Lane Capital LP acquired a new position in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares during the 4th quarter worth $2,610,000.
About Bold Eagle Acquisition Corp. – Class A Ordinary Shares
Bold Eagle Acquisition Corp. is a blank-check company, also known as a special purpose acquisition company (SPAC), whose Class A ordinary shares trade on the Nasdaq under the symbol BEAG.
The company was formed to identify and complete a business combination, such as a merger, share exchange, asset acquisition, or similar transaction, with one or more operating businesses. Until a transaction is completed, Bold Eagle Acquisition Corp. does not have significant operating activities, products, or services of its own.
The company’s publicly available business materials do not identify a completed acquisition or a specific target industry, geographic market, or operating business.
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