Short Interest in Bowen Acquisition Corp (NASDAQ:BOWN) Rises By 1,400.0%

Bowen Acquisition Corp (NASDAQ:BOWN) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totalling 1,500 shares, an increase of 1,400.0% from the June 15th total of 100 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 21,300 shares, the days-to-cover ratio is presently 0.1 days.

Bowen Acquisition Price Performance

Shares of NASDAQ BOWN opened at $10.58 on Friday. Bowen Acquisition has a 1 year low of $10.10 and a 1 year high of $10.63. The stock’s 50-day simple moving average is $10.54 and its 200-day simple moving average is $10.45.

Institutional Trading of Bowen Acquisition

Hedge funds and other institutional investors have recently modified their holdings of the business. Robinson Capital Management LLC purchased a new stake in shares of Bowen Acquisition during the fourth quarter worth about $52,000. Clear Street LLC increased its position in shares of Bowen Acquisition by 371.4% during the fourth quarter. Clear Street LLC now owns 17,457 shares of the company’s stock worth $180,000 after acquiring an additional 13,754 shares during the last quarter. Mizuho Securities USA LLC bought a new stake in Bowen Acquisition in the first quarter valued at about $415,000. Hudson Bay Capital Management LP bought a new stake in Bowen Acquisition in the third quarter valued at about $1,276,000. Finally, Wealthspring Capital LLC bought a new stake in Bowen Acquisition in the fourth quarter valued at about $1,431,000. 59.34% of the stock is owned by hedge funds and other institutional investors.

About Bowen Acquisition