Keen Vision Acquisition Co. (NASDAQ:KVAC) Short Interest Update

Keen Vision Acquisition Co. (NASDAQ:KVAC) was the target of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 5,100 shares, a decrease of 58.5% from the February 29th total of 12,300 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 73,800 shares, the short-interest ratio is presently 0.1 days.

Keen Vision Acquisition Trading Down 0.1 %

Shares of NASDAQ:KVAC traded down $0.01 during midday trading on Thursday, hitting $10.45. The company’s stock had a trading volume of 2,365 shares, compared to its average volume of 88,314. Keen Vision Acquisition has a 12-month low of $10.14 and a 12-month high of $10.98. The business’s 50 day moving average is $10.41.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Karpus Management Inc. lifted its position in Keen Vision Acquisition by 225.2% during the fourth quarter. Karpus Management Inc. now owns 1,278,000 shares of the company’s stock worth $13,202,000 after buying an additional 884,975 shares in the last quarter. Periscope Capital Inc. acquired a new position in shares of Keen Vision Acquisition during the 3rd quarter valued at about $11,663,000. Cowen AND Company LLC purchased a new stake in shares of Keen Vision Acquisition in the third quarter valued at about $9,086,000. Kim LLC increased its position in Keen Vision Acquisition by 24.5% during the fourth quarter. Kim LLC now owns 890,000 shares of the company’s stock worth $9,207,000 after purchasing an additional 175,000 shares during the last quarter. Finally, Westchester Capital Management LLC raised its stake in Keen Vision Acquisition by 662.4% during the fourth quarter. Westchester Capital Management LLC now owns 746,977 shares of the company’s stock worth $7,716,000 after purchasing an additional 649,000 shares during the period. 51.72% of the stock is currently owned by institutional investors and hedge funds.

Keen Vision Acquisition Company Profile

Keen Vision Acquisition Corporation intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, and related business combination with one or more businesses or entities. It intends to focus on businesses in the biotechnology, consumer goods, and agriculture sectors.