Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG) Short Interest Up 22.1% in December

Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 27,076 shares, an increase of 22.1% from the November 30th total of 22,167 shares. Based on an average trading volume of 21,472 shares, the days-to-cover ratio is presently 1.3 days. Based on an average trading volume of 21,472 shares, the days-to-cover ratio is presently 1.3 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Bold Eagle Acquisition Corp. – Class A Ordinary Shares Stock Performance

NASDAQ BEAG opened at $10.60 on Wednesday. Bold Eagle Acquisition Corp. – Class A Ordinary Shares has a 1 year low of $9.86 and a 1 year high of $11.20. The company has a fifty day moving average of $10.66 and a 200 day moving average of $10.52.

Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG) last issued its earnings results on Thursday, November 13th. The company reported $0.08 EPS for the quarter.

Hedge Funds Weigh In On Bold Eagle Acquisition Corp. – Class A Ordinary Shares

Several large investors have recently made changes to their positions in BEAG. Hudson Bay Capital Management LP boosted its holdings in Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 627.2% during the third quarter. Hudson Bay Capital Management LP now owns 1,020,311 shares of the company’s stock worth $10,611,000 after buying an additional 880,000 shares in the last quarter. Meteora Capital LLC grew its position in Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 192.8% in the third quarter. Meteora Capital LLC now owns 1,361,224 shares of the company’s stock worth $14,157,000 after acquiring an additional 896,297 shares during the period. Verition Fund Management LLC increased its stake in Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 40.6% during the third quarter. Verition Fund Management LLC now owns 421,658 shares of the company’s stock worth $4,385,000 after purchasing an additional 121,712 shares during the period. Susquehanna International Group LLP purchased a new position in Bold Eagle Acquisition Corp. – Class A Ordinary Shares in the 3rd quarter valued at approximately $790,000. Finally, Centiva Capital LP grew its position in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 455.4% during the third quarter. Centiva Capital LP now owns 1,567,798 shares of the company’s stock worth $16,305,000 after buying an additional 1,285,514 shares in the last quarter.

About Bold Eagle Acquisition Corp. – Class A Ordinary Shares

Bold Eagle Acquisition Corp. is a Delaware-incorporated special purpose acquisition company whose Class A ordinary shares trade on the Nasdaq under the ticker BEAG. The company was formed to raise capital through an initial public offering, providing investors with the opportunity to participate in a business combination with one or more target companies.

As a blank‐check company, Bold Eagle Acquisition has not yet announced a definitive merger or acquisition target. Its mandate allows it to pursue transactions across a wide range of industries and geographies, subject to approval by its shareholders and regulatory requirements.

Bold Eagle Acquisition’s operations are overseen by a board and management team with experience in capital markets and corporate strategy.