Keen Vision Acquisition Co. (NASDAQ:KVAC - Get Free Report) was the recipient of a significant increase in short interest during the month of May. As of May 31st, there was short interest totalling 2,300 shares, an increase of 283.3% from the May 15th total of 600 shares. Currently, 0.0% of the company's stock are short sold. Based on an average daily volume of 11,500 shares, the days-to-cover ratio is presently 0.2 days.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Westchester Capital Management LLC purchased a new position in Keen Vision Acquisition in the 1st quarter valued at approximately $787,000. Tabor Asset Management LP acquired a new stake in Keen Vision Acquisition in the first quarter valued at $2,614,000. Toronto Dominion Bank purchased a new position in shares of Keen Vision Acquisition in the fourth quarter valued at $304,000. Spartan Fund Management Inc. acquired a new position in shares of Keen Vision Acquisition during the 4th quarter worth $779,000. Finally, Yakira Capital Management Inc. purchased a new stake in shares of Keen Vision Acquisition in the 4th quarter worth about $2,556,000. Institutional investors and hedge funds own 51.72% of the company's stock.
Keen Vision Acquisition Stock Up 0.3%
NASDAQ:KVAC traded up $0.04 during trading hours on Friday, reaching $11.30. 6,742 shares of the company's stock were exchanged, compared to its average volume of 57,475. Keen Vision Acquisition has a 1-year low of $10.56 and a 1-year high of $11.35. The company has a 50-day moving average of $11.28 and a 200 day moving average of $11.14.
About Keen Vision Acquisition
(
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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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