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

Keen Vision Acquisition Co. (NASDAQ:KVAC) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totalling 15,100 shares, a growth of 5.6% from the September 15th total of 14,300 shares. Based on an average trading volume of 98,900 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Keen Vision Acquisition Stock Performance

Shares of NASDAQ:KVAC opened at $10.77 on Wednesday. Keen Vision Acquisition has a 1 year low of $10.22 and a 1 year high of $10.98. The business has a fifty day simple moving average of $10.72 and a 200 day simple moving average of $10.61.

Institutional Investors Weigh In On Keen Vision Acquisition

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Berkley W R Corp grew its stake in shares of Keen Vision Acquisition by 97.4% in the 2nd quarter. Berkley W R Corp now owns 952,209 shares of the company’s stock valued at $10,093,000 after buying an additional 469,903 shares in the last quarter. Wolverine Asset Management LLC increased its stake in shares of Keen Vision Acquisition by 196.1% during the 2nd quarter. Wolverine Asset Management LLC now owns 659,549 shares of the company’s stock worth $6,979,000 after purchasing an additional 436,792 shares during the last quarter. Cowen AND Company LLC raised its holdings in shares of Keen Vision Acquisition by 41.5% during the 2nd quarter. Cowen AND Company LLC now owns 1,080,463 shares of the company’s stock valued at $11,432,000 after purchasing an additional 317,149 shares in the last quarter. Mizuho Securities USA LLC acquired a new stake in shares of Keen Vision Acquisition in the 1st quarter valued at $1,563,000. Finally, Wealthspring Capital LLC boosted its holdings in Keen Vision Acquisition by 245.2% in the first quarter. Wealthspring Capital LLC now owns 64,360 shares of the company’s stock worth $673,000 after purchasing an additional 45,716 shares in the last quarter. 51.72% of the stock is owned by hedge funds and other institutional investors.

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.