Keen Vision Acquisition Co. (NASDAQ:KVAC) Short Interest Down 62.5% in March

Keen Vision Acquisition Co. (NASDAQ:KVAC - Get Free Report) was the target of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 900 shares, a decrease of 62.5% from the March 15th total of 2,400 shares. Based on an average daily volume of 7,600 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company's stock are short sold.

Keen Vision Acquisition Stock Up 0.3 %

Shares of KVAC stock traded up $0.04 during mid-day trading on Friday, hitting $11.26. The company's stock had a trading volume of 5,052 shares, compared to its average volume of 71,978. The business has a 50-day moving average price of $11.19 and a 200 day moving average price of $11.02. Keen Vision Acquisition has a 52-week low of $10.47 and a 52-week high of $11.25.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Yakira Capital Management Inc. purchased a new stake in shares of Keen Vision Acquisition during the fourth quarter worth about $2,556,000. Spartan Fund Management Inc. bought a new stake in shares of Keen Vision Acquisition during the fourth quarter valued at approximately $779,000. Finally, Toronto Dominion Bank purchased a new position in Keen Vision Acquisition during the fourth quarter valued at $304,000. Institutional investors own 51.72% of the company's stock.

Keen Vision Acquisition Company Profile

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.