Bayview Acquisition (NASDAQ:BAYA) Stock Price Up 0.2% – Still a Buy?

Bayview Acquisition Corp (NASDAQ:BAYA)’s stock price shot up 0.2% during trading on Thursday . The company traded as high as $10.78 and last traded at $10.77. 206 shares changed hands during mid-day trading, a decline of 100% from the average session volume of 42,701 shares. The stock had previously closed at $10.75.

Bayview Acquisition Stock Down 0.3 %

The business’s fifty day moving average price is $10.67 and its two-hundred day moving average price is $10.50.

Institutional Investors Weigh In On Bayview Acquisition

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Walleye Trading LLC bought a new position in shares of Bayview Acquisition during the 3rd quarter valued at approximately $663,000. Walleye Capital LLC purchased a new position in Bayview Acquisition during the third quarter worth $1,178,000. Berkley W R Corp increased its position in Bayview Acquisition by 462.9% during the second quarter. Berkley W R Corp now owns 139,682 shares of the company’s stock valued at $1,428,000 after acquiring an additional 114,869 shares during the last quarter. CVI Holdings LLC purchased a new stake in shares of Bayview Acquisition in the second quarter valued at $1,472,000. Finally, Quarry LP bought a new stake in shares of Bayview Acquisition in the 3rd quarter worth about $1,571,000.

Bayview Acquisition Company Profile

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.