Keen Vision Acquisition Co. (NASDAQ:KVAC) Short Interest Update

Keen Vision Acquisition Co. (NASDAQ:KVAC - Get Free Report) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 2,500 shares, an increase of 92.3% from the December 31st total of 1,300 shares. Approximately 0.0% of the company's stock are sold short. Based on an average daily trading volume, of 32,900 shares, the short-interest ratio is presently 0.1 days.

Keen Vision Acquisition Stock Performance

NASDAQ:KVAC remained flat at $11.08 during trading hours on Friday. The company had a trading volume of 1,532 shares, compared to its average volume of 19,048. The stock has a fifty day moving average price of $10.97 and a two-hundred day moving average price of $10.82. Keen Vision Acquisition has a 52-week low of $10.37 and a 52-week high of $11.10.

Hedge Funds Weigh In On Keen Vision Acquisition

Several institutional investors and hedge funds have recently bought and sold shares of KVAC. Dakota Wealth Management increased its stake in Keen Vision Acquisition by 40.2% in the 3rd quarter. Dakota Wealth Management now owns 43,600 shares of the company's stock valued at $469,000 after buying an additional 12,500 shares during the period. Wolverine Asset Management LLC increased its holdings in Keen Vision Acquisition by 34.2% in the third quarter. Wolverine Asset Management LLC now owns 885,388 shares of the company's stock worth $9,527,000 after buying an additional 225,839 shares during the last quarter. Quarry LP bought a new position in Keen Vision Acquisition during the third quarter valued at approximately $4,136,000. Finally, Mizuho Securities USA LLC raised its holdings in shares of Keen Vision Acquisition by 2,258.7% during the 3rd quarter. Mizuho Securities USA LLC now owns 1,353,000 shares of the company's stock valued at $14,491,000 after purchasing an additional 1,295,637 shares in the last quarter. Hedge funds and other institutional investors own 51.72% of the company's stock.

About Keen Vision Acquisition

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.