Keen Vision Acquisition Co. (NASDAQ:KVACU) Short Interest Up ∞ in July

by · The Cerbat Gem

Keen Vision Acquisition Co. (NASDAQ:KVACU – Get Free Report) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 500 shares, an increase of ∞ from the July 15th total of 0 shares. Based on an average daily volume of 340 shares, the short-interest ratio is presently 1.5 days.

Keen Vision Acquisition Price Performance

Shares of KVACU stock remained flat at $12.00 during trading hours on Friday. The business’s 50-day moving average price is $12.27 and its 200 day moving average price is $11.92. Keen Vision Acquisition has a 52 week low of $11.30 and a 52 week high of $17.00.

About Keen Vision Acquisition

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Keen Vision Acquisition Corp. is a special purpose acquisition company (SPAC) organized in Delaware for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company completed its initial public offering in November 2021 and trades on the NASDAQ under the symbol KVACU. As a blank-check vehicle, it holds capital in trust while seeking a suitable target to combine with and provide its shareholders access to potential private-market growth opportunities.

The firm’s primary activity is the identification, evaluation and negotiation of a business combination within sectors that exhibit high growth potential.

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