Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG) Sees Significant Decrease in Short Interest

Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG) was the recipient of a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 8,630 shares, a decline of 59.0% from the December 31st total of 21,051 shares. Based on an average daily volume of 41,556 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 41,556 shares, the short-interest ratio is presently 0.2 days.

Bold Eagle Acquisition Corp. – Class A Ordinary Shares Stock Performance

Bold Eagle Acquisition Corp. – Class A Ordinary Shares stock opened at $10.65 on Thursday. The stock has a 50-day moving average price of $10.63 and a two-hundred day moving average price of $10.55. Bold Eagle Acquisition Corp. – Class A Ordinary Shares has a 12 month low of $9.90 and a 12 month high of $11.20.

Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG) last posted its earnings results on Thursday, November 13th. The company reported $0.08 EPS for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Bold Eagle Acquisition Corp. – Class A Ordinary Shares

Several institutional investors have recently made changes to their positions in BEAG. Cannon Global Investment Management LLC boosted its holdings in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 25.0% in the 4th quarter. Cannon Global Investment Management LLC now owns 25,000 shares of the company’s stock worth $264,000 after buying an additional 5,000 shares during the last quarter. FNY Investment Advisers LLC grew its stake in Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 3,988.6% in the 4th quarter. FNY Investment Advisers LLC now owns 71,550 shares of the company’s stock valued at $756,000 after buying an additional 69,800 shares in the last quarter. Hudson Bay Capital Management LP raised its holdings in Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 627.2% during the 3rd quarter. Hudson Bay Capital Management LP now owns 1,020,311 shares of the company’s stock valued at $10,611,000 after acquiring an additional 880,000 shares during the period. Meteora Capital LLC lifted its position in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 192.8% during the third quarter. Meteora Capital LLC now owns 1,361,224 shares of the company’s stock worth $14,157,000 after acquiring an additional 896,297 shares in the last quarter. Finally, Verition Fund Management LLC grew its position in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 40.6% in the third quarter. Verition Fund Management LLC now owns 421,658 shares of the company’s stock valued at $4,385,000 after purchasing an additional 121,712 shares in the last quarter.

About Bold Eagle Acquisition Corp. – Class A Ordinary Shares

Bold Eagle Acquisition Corp. is a Delaware-incorporated special purpose acquisition company whose Class A ordinary shares trade on the Nasdaq under the ticker BEAG. The company was formed to raise capital through an initial public offering, providing investors with the opportunity to participate in a business combination with one or more target companies.

As a blank?check company, Bold Eagle Acquisition has not yet announced a definitive merger or acquisition target. Its mandate allows it to pursue transactions across a wide range of industries and geographies, subject to approval by its shareholders and regulatory requirements.

Bold Eagle Acquisition’s operations are overseen by a board and management team with experience in capital markets and corporate strategy.