Keen Vision Acquisition Co. (NASDAQ:KVAC) Sees Large Increase in Short Interest

Keen Vision Acquisition Co. (NASDAQ:KVAC) saw a significant increase in short interest in September. As of September 30th, there was short interest totalling 15,100 shares, an increase of 5.6% from the September 15th total of 14,300 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 98,900 shares, the short-interest ratio is currently 0.2 days.

Keen Vision Acquisition Stock Up 0.2 %

NASDAQ KVAC opened at $10.79 on Friday. The company has a 50 day moving average of $10.72 and a 200-day moving average of $10.62. Keen Vision Acquisition has a 1-year low of $10.22 and a 1-year high of $10.80.

Institutional Trading of Keen Vision Acquisition

Hedge funds and other institutional investors have recently modified their holdings of the stock. Wolverine Asset Management LLC increased its holdings in shares of Keen Vision Acquisition by 196.1% in the second quarter. Wolverine Asset Management LLC now owns 659,549 shares of the company’s stock valued at $6,979,000 after purchasing an additional 436,792 shares in the last quarter. Berkley W R Corp increased its holdings in shares of Keen Vision Acquisition by 97.4% in the second quarter. Berkley W R Corp now owns 952,209 shares of the company’s stock valued at $10,093,000 after purchasing an additional 469,903 shares in the last quarter. Wealthspring Capital LLC increased its holdings in shares of Keen Vision Acquisition by 245.2% in the first quarter. Wealthspring Capital LLC now owns 64,360 shares of the company’s stock valued at $673,000 after purchasing an additional 45,716 shares in the last quarter. Cowen AND Company LLC increased its holdings in shares of Keen Vision Acquisition by 41.5% in the second 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. Finally, Virtu Financial LLC acquired a new stake in shares of Keen Vision Acquisition in the first quarter valued at approximately $465,000. Institutional investors and hedge funds own 51.72% of the company’s stock.

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.