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

Keen Vision Acquisition Co. (NASDAQ:KVAC) saw a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 7,200 shares, a growth of 63.6% from the March 31st total of 4,400 shares. Based on an average daily volume of 75,800 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.

Keen Vision Acquisition Stock Up 0.1 %

Keen Vision Acquisition stock traded up $0.01 during trading hours on Monday, hitting $10.51. The stock had a trading volume of 2,889 shares, compared to its average volume of 68,171. Keen Vision Acquisition has a 1-year low of $10.14 and a 1-year high of $10.98. The stock’s fifty day moving average is $10.45 and its two-hundred day moving average is $10.37.

Institutional Trading of Keen Vision Acquisition

Several large investors have recently bought and sold shares of KVAC. Dakota Wealth Management acquired a new stake in Keen Vision Acquisition in the third quarter valued at $276,000. Periscope Capital Inc. acquired a new stake in shares of Keen Vision Acquisition during the third quarter valued at $11,663,000. Westchester Capital Management LLC acquired a new stake in shares of Keen Vision Acquisition during the third quarter valued at $997,000. Cowen AND Company LLC acquired a new stake in shares of Keen Vision Acquisition during the third quarter valued at $9,086,000. Finally, Karpus Management Inc. acquired a new stake in shares of Keen Vision Acquisition during the third quarter valued at $3,997,000. 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.