Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG) Short Interest Update

Bold Eagle Acquisition Corp. – Class A Ordinary Shares (NASDAQ:BEAG) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 21,051 shares, a decrease of 22.3% from the December 15th total of 27,076 shares. Based on an average daily trading volume, of 48,847 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 48,847 shares, the short-interest ratio is currently 0.4 days.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Cannon Global Investment Management LLC lifted its holdings in shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 25.0% during the third quarter. Cannon Global Investment Management LLC now owns 20,000 shares of the company’s stock worth $208,000 after purchasing an additional 4,000 shares during the period. Wealthspring Capital LLC acquired a new position in Bold Eagle Acquisition Corp. – Class A Ordinary Shares in the 2nd quarter worth approximately $249,000. Clear Street LLC acquired a new position in Bold Eagle Acquisition Corp. – Class A Ordinary Shares in the 2nd quarter worth approximately $292,000. Clear Street Group Inc. purchased a new position in Bold Eagle Acquisition Corp. – Class A Ordinary Shares during the 3rd quarter worth approximately $446,000. Finally, FNY Investment Advisers LLC lifted its stake in Bold Eagle Acquisition Corp. – Class A Ordinary Shares by 3,988.6% during the 4th quarter. FNY Investment Advisers LLC now owns 71,550 shares of the company’s stock valued at $756,000 after acquiring an additional 69,800 shares during the period.

Bold Eagle Acquisition Corp. – Class A Ordinary Shares Stock Up 0.7%

Shares of Bold Eagle Acquisition Corp. – Class A Ordinary Shares stock traded up $0.08 during trading on Friday, reaching $10.75. The company’s stock had a trading volume of 4,590 shares, compared to its average volume of 38,645. The company has a 50-day simple moving average of $10.62 and a two-hundred day simple moving average of $10.54. Bold Eagle Acquisition Corp. – Class A Ordinary Shares has a 1-year low of $9.87 and a 1-year high of $11.20.

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

Analyst Ratings Changes

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

Bold Eagle Acquisition Corp. – Class A Ordinary Shares Company Profile

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.