Keen Vision Acquisition Co. (NASDAQ:KVAC - Get Free Report) saw a significant drop in short interest in the month of May. As of May 15th, there was short interest totalling 600 shares, a drop of 50.0% from the April 30th total of 1,200 shares. Based on an average daily volume of 11,700 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company's shares are sold short.
Keen Vision Acquisition Stock Performance
NASDAQ KVAC remained flat at $11.33 during mid-day trading on Friday. 3,427 shares of the company traded hands, compared to its average volume of 65,698. Keen Vision Acquisition has a 52-week low of $10.56 and a 52-week high of $11.35. The company has a 50-day moving average price of $11.27 and a two-hundred day moving average price of $11.12.
Hedge Funds Weigh In On Keen Vision Acquisition
Institutional investors and hedge funds have recently bought and sold shares of the stock. Toronto Dominion Bank purchased a new stake in shares of Keen Vision Acquisition during the fourth quarter valued at approximately $304,000. Spartan Fund Management Inc. purchased a new stake in Keen Vision Acquisition during the 4th quarter worth $779,000. Westchester Capital Management LLC acquired a new position in Keen Vision Acquisition in the 1st quarter worth $787,000. Yakira Capital Management Inc. purchased a new position in Keen Vision Acquisition in the 4th quarter valued at about $2,556,000. Finally, Tabor Asset Management LP acquired a new stake in shares of Keen Vision Acquisition during the first quarter valued at about $2,614,000. Hedge funds and other institutional investors own 51.72% of the company's stock.
Keen Vision Acquisition Company Profile
(
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Keen Vision Acquisition Corporation does not have significant operations. The company 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 also intends to focus on businesses in the biotechnology, consumer goods, and agriculture sectors.
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