Bayview Acquisition Corp. (NASDAQ:BAYA) Sees Significant Decrease in Short Interest

Bayview Acquisition Corp. (NASDAQ:BAYAGet Free Report) was the recipient of a significant drop in short interest in June. As of June 30th, there was short interest totaling 25 shares, a drop of 69.9% from the June 15th total of 83 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 317 shares, the days-to-cover ratio is presently 0.1 days.

Bayview Acquisition Stock Performance

Shares of BAYA stock opened at $12.14 on Tuesday. Bayview Acquisition has a fifty-two week low of $11.05 and a fifty-two week high of $13.50. The business’s 50 day moving average price is $12.07 and its 200-day moving average price is $11.93.

Bayview Acquisition (NASDAQ:BAYAGet Free Report) last announced its earnings results on Wednesday, May 20th. The company reported $0.03 EPS for the quarter.

Hedge Funds Weigh In On Bayview Acquisition

A hedge fund recently bought a new position in Bayview Acquisition stock. Polar Asset Management Partners Inc. bought a new stake in Bayview Acquisition Corp. (NASDAQ:BAYAFree Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 112,811 shares of the company’s stock, valued at approximately $1,331,000. Polar Asset Management Partners Inc. owned 3.25% of Bayview Acquisition as of its most recent SEC filing.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Bayview Acquisition in a report on Monday, April 20th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

View Our Latest Analysis on BAYA

Bayview Acquisition Company Profile

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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.

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