Bayview Acquisition Corp. (NASDAQ:BAYA) Short Interest Down 99.8% in June

Bayview Acquisition Corp. (NASDAQ:BAYA) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 83 shares, a drop of 99.8% from the May 31st total of 53,847 shares. Based on an average daily trading volume, of 4,800 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Bayview Acquisition Stock Down 0.3%

Shares of Bayview Acquisition stock traded down $0.04 on Thursday, hitting $12.05. The stock had a trading volume of 850 shares, compared to its average volume of 4,114. Bayview Acquisition has a 52-week low of $11.05 and a 52-week high of $13.50. The company’s 50 day moving average price is $12.04 and its 200 day moving average price is $11.89.

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

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated 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, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Institutional Investors Weigh In On Bayview Acquisition

An institutional investor recently raised its position in Bayview Acquisition stock. Clear Street Group Inc. lifted its stake in Bayview Acquisition Corp. (NASDAQ:BAYA) by 2,875.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 33,354 shares of the company’s stock after purchasing an additional 32,233 shares during the period. Clear Street Group Inc. owned approximately 0.96% of Bayview Acquisition worth $396,000 as of its most recent SEC filing.

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.