Western Acquisition Ventures Corp. (NASDAQ:WAVS) Short Interest Update

Western Acquisition Ventures Corp. (NASDAQ:WAVS) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 2,200 shares, an increase of 1,000.0% from the December 15th total of 200 shares. Based on an average daily trading volume, of 2,300 shares, the short-interest ratio is currently 1.0 days. Approximately 0.4% of the company’s shares are sold short.

Western Acquisition Ventures Stock Down 1.9 %

Shares of WAVS opened at $11.81 on Wednesday. Western Acquisition Ventures has a twelve month low of $10.27 and a twelve month high of $15.98. The stock’s fifty day simple moving average is $11.08 and its 200 day simple moving average is $10.93.

Hedge Funds Weigh In On Western Acquisition Ventures

A hedge fund recently bought a new stake in Western Acquisition Ventures stock. Flow Traders U.S. LLC bought a new position in shares of Western Acquisition Ventures Corp. (NASDAQ:WAVS) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 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 as of its most recent filing with the Securities and Exchange Commission. 6.55% of the stock is currently owned by institutional investors and hedge funds.

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.