Short Interest in Western Acquisition Ventures Corp. (NASDAQ:WAVS) Decreases By 33.3%

Posted by ABMN Staff on Dec 29th, 2024

Western Acquisition Ventures Corp. (NASDAQ:WAVS – Get Free Report) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 200 shares, a decrease of 33.3% from the November 30th total of 300 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 2,300 shares, the days-to-cover ratio is currently 0.1 days.

Western Acquisition Ventures Stock Performance

NASDAQ:WAVS opened at $10.89 on Friday. The company’s 50-day simple moving average is $11.11 and its 200-day simple moving average is $10.91. Western Acquisition Ventures has a fifty-two week low of $10.27 and a fifty-two week high of $15.98.

Institutional Investors Weigh In On Western Acquisition Ventures

An institutional investor recently bought a new position in Western Acquisition Ventures stock. Flow Traders U.S. LLC purchased a new position in shares of Western Acquisition Ventures Corp. (NASDAQ:WAVS – Free Report) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 10,295 shares of the company’s stock, valued at approximately $108,000. Flow Traders U.S. LLC owned approximately 0.29% of Western Acquisition Ventures at the end of the most recent quarter. 6.55% of the stock is owned by hedge funds and other institutional investors.

Western Acquisition Ventures Company Profile

(Get Free Report)

Western Acquisition Ventures Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to acquire businesses operating in the infrastructure and environmental services; health, wellness, and food sustainability; financial technology and financial services; enterprise software and software as a service (SaaS); and leisure and hospitality industries.