Western Acquisition Ventures Corp. (NASDAQ:WAVS) Sees Large Growth in Short Interest

Western Acquisition Ventures Corp. (NASDAQ:WAVS) was the recipient of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 200 shares, a growth of 100.0% from the October 15th total of 100 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 2,200 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On Western Acquisition Ventures

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

Western Acquisition Ventures Stock Performance

Shares of NASDAQ WAVS opened at $11.02 on Friday. Western Acquisition Ventures has a 52-week low of $10.27 and a 52-week high of $15.98. The firm has a 50 day moving average price of $10.98 and a two-hundred day moving average price of $10.92.

Western Acquisition Ventures Company Profile

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.