Short Interest in Bayview Acquisition Corp (NASDAQ:BAYAR) Declines By 41.7%

Bayview Acquisition Corp (NASDAQ:BAYAR) was the recipient of a large decrease in short interest in May. As of May 29th, there was short interest totaling 7,036 shares, a decrease of 41.7% from the May 14th total of 12,060 shares. Based on an average daily volume of 22,069 shares, the days-to-cover ratio is presently 0.3 days.

Bayview Acquisition Stock Performance

Shares of NASDAQ BAYAR traded up $0.04 during trading hours on Tuesday, reaching $0.14. 15,084 shares of the stock traded hands, compared to its average volume of 23,298. The company’s 50-day simple moving average is $0.14 and its two-hundred day simple moving average is $0.18. Bayview Acquisition has a 52-week low of $0.07 and a 52-week high of $0.34.

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.