Short Interest in Keen Vision Acquisition Co. (NASDAQ:KVAC) Expands By 11.1%

Keen Vision Acquisition Co. (NASDAQ:KVAC) saw a significant growth in short interest in April. As of April 30th, there was short interest totalling 8,000 shares, a growth of 11.1% from the April 15th total of 7,200 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 52,000 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On Keen Vision Acquisition

A number of hedge funds have recently bought and sold shares of the business. Context Capital Management LLC bought a new position in shares of Keen Vision Acquisition in the 3rd quarter valued at about $31,000. TrueMark Investments LLC bought a new position in shares of Keen Vision Acquisition during the fourth quarter valued at approximately $124,000. Wealthspring Capital LLC purchased a new stake in shares of Keen Vision Acquisition in the fourth quarter worth approximately $193,000. Warberg Asset Management LLC bought a new stake in shares of Keen Vision Acquisition during the 3rd quarter worth approximately $468,000. Finally, Westchester Capital Management LLC purchased a new position in Keen Vision Acquisition during the 3rd quarter valued at $997,000. Hedge funds and other institutional investors own 51.72% of the company’s stock.

Keen Vision Acquisition Stock Performance

Keen Vision Acquisition stock remained flat at $10.54 during midday trading on Thursday. The company had a trading volume of 251,177 shares, compared to its average volume of 63,484. The business’s 50 day moving average price is $10.48 and its two-hundred day moving average price is $10.39. Keen Vision Acquisition has a 52 week low of $10.14 and a 52 week high of $10.98.

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.