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

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

Institutional Investors Weigh In On Bayview Acquisition

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of Bayview Acquisition in a research note on Monday, April 20th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Bayview Acquisition has a consensus rating of “Sell”.

Bayview Acquisition Stock Performance

BAYA traded down $0.06 on Friday, reaching $12.03. The company’s stock had a trading volume of 1,809 shares, compared to its average volume of 4,098. The stock has a 50 day moving average of $12.04 and a two-hundred day moving average of $11.89. Bayview Acquisition has a fifty-two week low of $11.05 and a fifty-two week high of $13.50.

Bayview Acquisition (NASDAQ:BAYA) last released its quarterly earnings data on Wednesday, May 20th. The company reported $0.03 earnings per share for the quarter.

About Bayview Acquisition

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.