Short Interest in Western Acquisition Ventures Corp. (NASDAQ:WAVS) Grows By 50.0%

Western Acquisition Ventures Corp. (NASDAQ:WAVS) was the target of a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 300 shares, an increase of 50.0% from the November 15th total of 200 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 2,400 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Western Acquisition Ventures

An institutional investor recently bought a new position in Western Acquisition Ventures stock. Flow Traders U.S. LLC acquired a new stake in Western Acquisition Ventures Corp. (NASDAQ:WAVS) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm 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. Institutional investors own 6.55% of the company’s stock.

Western Acquisition Ventures Trading Up 1.0 %

WAVS opened at $11.00 on Friday. The business’s 50-day simple moving average is $11.18 and its 200 day simple moving average is $10.95. Western Acquisition Ventures has a 52-week low of $10.27 and a 52-week high of $15.98.

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.