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

Bayview Acquisition Corp. (NASDAQ:BAYA) was the recipient of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 26 shares, a decline of 90.6% from the April 30th total of 277 shares. Based on an average trading volume of 2,244 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Bayview Acquisition Price Performance

Bayview Acquisition stock traded down $0.38 on Friday, reaching $12.27. The company’s stock had a trading volume of 8,889 shares, compared to its average volume of 4,343. Bayview Acquisition has a twelve month low of $10.81 and a twelve month high of $13.50. The business’s fifty day moving average price is $11.96 and its 200 day moving average price is $11.78.

Institutional Trading of Bayview Acquisition

A hedge fund recently bought a new stake in Bayview Acquisition stock. Polar Asset Management Partners Inc. purchased a new stake in Bayview Acquisition Corp. (NASDAQ:BAYA) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 112,811 shares of the company’s stock, valued at approximately $1,331,000. Polar Asset Management Partners Inc. owned about 3.25% of Bayview Acquisition at the end of the most recent reporting period.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d+)” rating on shares of Bayview Acquisition in a research note on Monday, April 20th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently 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.