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

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

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Toronto Dominion Bank purchased a new stake in shares of Keen Vision Acquisition in the 4th quarter valued at about $304,000. Spartan Fund Management Inc. acquired a new stake in Keen Vision Acquisition during the 4th quarter worth approximately $779,000. Finally, Yakira Capital Management Inc. purchased a new position in shares of Keen Vision Acquisition in the 4th quarter valued at approximately $2,556,000. Institutional investors and hedge funds own 51.72% of the company's stock.

Keen Vision Acquisition Trading Up 0.3 %

Shares of KVAC traded up $0.04 during mid-day trading on Friday, reaching $11.26. The company's stock had a trading volume of 5,052 shares, compared to its average volume of 71,978. Keen Vision Acquisition has a 12-month low of $10.47 and a 12-month high of $11.25. The company's 50 day moving average is $11.19 and its 200 day moving average is $11.01.

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.