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

Keen Vision Acquisition Co. (NASDAQ:KVAC) was the recipient of a large growth in short interest in April. As of April 15th, there was short interest totalling 7,200 shares, a growth of 63.6% from the March 31st total of 4,400 shares. Based on an average daily volume of 75,800 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are short sold.

Keen Vision Acquisition Stock Performance

Keen Vision Acquisition stock remained flat at $10.50 during trading hours on Friday. The company’s stock had a trading volume of 271 shares, compared to its average volume of 13,680. Keen Vision Acquisition has a fifty-two week low of $10.14 and a fifty-two week high of $10.98. The business’s 50 day moving average price is $10.45 and its 200-day moving average price is $10.36.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in KVAC. Hudson Bay Capital Management LP purchased a new position in Keen Vision Acquisition during the 3rd quarter valued at about $2,647,000. Westchester Capital Management LLC bought a new position in shares of Keen Vision Acquisition during the third quarter valued at approximately $997,000. Karpus Management Inc. purchased a new position in shares of Keen Vision Acquisition during the third quarter valued at approximately $3,997,000. Wolverine Asset Management LLC bought a new stake in shares of Keen Vision Acquisition in the 3rd quarter worth approximately $1,322,000. Finally, MMCAP International Inc. SPC purchased a new stake in shares of Keen Vision Acquisition in the 3rd quarter worth approximately $1,526,000. Hedge funds and other institutional investors own 51.72% of the company’s stock.

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.