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Bayview Acquisition (NASDAQ:BAYA) Shares Down 0.2% - Here's What Happened

Bayview Acquisition logo with Financial Services background

Key Points

  • Bayview Acquisition Corp. (NASDAQ:BAYA) experienced a stock price decline of 0.2%, trading at $11.10 after hitting a low of $11.12 during mid-day trading.
  • Recent institutional activities included Toronto Dominion Bank and Bulldog Investors LLP acquiring new stakes, while Crossingbridge Advisors LLC and Wolverine Asset Management LLC increased their holdings significantly.
  • Bayview Acquisition is a blank check company formed for purposes related to mergers and acquisitions, and is based in the Cayman Islands.
  • Five stocks we like better than Bayview Acquisition.

Bayview Acquisition Corp. (NASDAQ:BAYA - Get Free Report)'s stock price was down 0.2% on Thursday . The company traded as low as $11.12 and last traded at $11.10. Approximately 164 shares were traded during mid-day trading, a decline of 30% from the average daily volume of 233 shares. The stock had previously closed at $11.12.

Bayview Acquisition Price Performance

The business's 50-day moving average is $11.18 and its two-hundred day moving average is $10.99.

Institutional Investors Weigh In On Bayview Acquisition

Several institutional investors have recently made changes to their positions in BAYA. Toronto Dominion Bank purchased a new stake in shares of Bayview Acquisition during the 4th quarter worth $213,000. Bulldog Investors LLP purchased a new stake in shares of Bayview Acquisition in the 4th quarter worth about $225,000. Crossingbridge Advisors LLC boosted its position in shares of Bayview Acquisition by 33.2% in the 1st quarter. Crossingbridge Advisors LLC now owns 99,909 shares of the company's stock worth $1,090,000 after buying an additional 24,909 shares in the last quarter. Wolverine Asset Management LLC boosted its position in shares of Bayview Acquisition by 4.6% in the 1st quarter. Wolverine Asset Management LLC now owns 360,045 shares of the company's stock worth $3,921,000 after buying an additional 15,786 shares in the last quarter. Finally, Mizuho Securities USA LLC boosted its position in shares of Bayview Acquisition by 2.4% in the 1st quarter. Mizuho Securities USA LLC now owns 526,000 shares of the company's stock worth $5,681,000 after buying an additional 12,500 shares in the last quarter.

About Bayview Acquisition

(Get Free Report)

Bayview Acquisition Corp is a blank check company. It formed for the purpose to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Bayview Acquisition Corp is based in Cayman Islands.

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