Bayview Acquisition Corp (NASDAQ:BAYAR – Get Free Report) was the target of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 26,328 shares, an increase of 274.2% from the June 15th total of 7,036 shares. Based on an average daily trading volume, of 21,707 shares, the days-to-cover ratio is currently 1.2 days.
Bayview Acquisition Stock Performance
Shares of BAYAR remained flat at $0.08 during mid-day trading on Monday. Bayview Acquisition has a 52-week low of $0.07 and a 52-week high of $0.33. The stock’s 50-day moving average price is $0.11 and its 200 day moving average price is $0.18.
Bayview Acquisition Company Profile
Bayview Acquisition Corp., trading under the ticker BAYAR on the Nasdaq, is a special purpose acquisition company (SPAC) formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination. The company itself conducts no operations and is focused on identifying and acquiring one or more businesses, primarily in sectors such as financial services, technology, business services, healthcare and consumer markets in the United States.
In February 2021, Bayview Acquisition Corp.
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