Bayview Acquisition Corp (NASDAQ:BAYAU) Short Interest Update

Bayview Acquisition Corp (NASDAQ:BAYAU) was the target of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 5 shares, a decrease of 95.0% from the June 15th total of 101 shares. Based on an average daily volume of 216 shares, the days-to-cover ratio is presently 0.0 days.

Bayview Acquisition Stock Performance

NASDAQ BAYAU remained flat at $12.00 during trading hours on Friday. The stock’s fifty day moving average is $12.63 and its 200 day moving average is $12.15. Bayview Acquisition has a 12-month low of $11.85 and a 12-month high of $23.00.

Hedge Funds Weigh In On Bayview Acquisition

An institutional investor recently bought a new stake in Bayview Acquisition stock. Clear Street Group Inc. acquired a new position in shares of Bayview Acquisition Corp (NASDAQ:BAYAU) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 10,704 shares of the company’s stock, valued at approximately $118,000.

About Bayview Acquisition

Bayview Acquisition Corp. (NASDAQ: BAYAU) is a special purpose acquisition company organized as a Delaware corporation in January 2021. The firm’s units trade on the Nasdaq Capital Market, and its primary objective is to effect a merger, capital stock exchange, asset acquisition, stock purchase or similar business combination with one or more operating businesses.

The company was sponsored by BayView Asset Management, L.P., an investment firm with decades of experience in real estate credit and structured finance.