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

Keen Vision Acquisition Co. (NASDAQ:KVAC - Get Free Report) was the recipient of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 3,900 shares, an increase of 160.0% from the January 15th total of 1,500 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 12,900 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in KVAC. Mizuho Securities USA LLC boosted its holdings in Keen Vision Acquisition by 2,258.7% in the third 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 during the last quarter. Quarry LP purchased a new stake in shares of Keen Vision Acquisition in the third quarter worth about $4,136,000. Yakira Capital Management Inc. purchased a new position in Keen Vision Acquisition during the fourth quarter valued at approximately $2,556,000. Wolverine Asset Management LLC lifted its stake in shares of Keen Vision Acquisition by 34.2% in the 3rd quarter. Wolverine Asset Management LLC now owns 885,388 shares of the company's stock valued at $9,527,000 after purchasing an additional 225,839 shares during the period. Finally, Spartan Fund Management Inc. purchased a new position in Keen Vision Acquisition in the fourth quarter valued at $779,000. Hedge funds and other institutional investors own 51.72% of the company's stock.

Keen Vision Acquisition Price Performance

NASDAQ:KVAC traded up $0.01 during midday trading on Friday, hitting $11.13. The company's stock had a trading volume of 12,278 shares, compared to its average volume of 5,378. Keen Vision Acquisition has a fifty-two week low of $10.38 and a fifty-two week high of $11.13. The firm's 50 day moving average is $11.01 and its 200-day moving average is $10.86.

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.