Bayview Acquisition (NASDAQ:BAYA) Shares Down 0.5% - Here's Why

Bayview Acquisition Corp. (NASDAQ:BAYA - Get Free Report) shares fell 0.5% on Wednesday . The company traded as low as $11.05 and last traded at $11.05. 600 shares changed hands during trading, a decline of 98% from the average session volume of 35,367 shares. The stock had previously closed at $11.11.

Bayview Acquisition Stock Performance

The business's 50 day moving average is $11.12 and its two-hundred day moving average is $10.94.

Hedge Funds Weigh In On Bayview Acquisition

Several hedge funds have recently added to or reduced their stakes in the company. Harraden Circle Investments LLC purchased a new stake in shares of Bayview Acquisition in the 4th quarter worth approximately $5,812,000. Crossingbridge Advisors LLC lifted 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 purchasing an additional 24,909 shares during the period. Bulldog Investors LLP purchased a new stake in shares of Bayview Acquisition in the 4th quarter worth approximately $225,000. Toronto Dominion Bank purchased a new stake in shares of Bayview Acquisition in the 4th quarter worth approximately $213,000. Finally, Wolverine Asset Management LLC lifted 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 purchasing an additional 15,786 shares during the period.

About Bayview Acquisition

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.