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

Western Acquisition Ventures Corp. (NASDAQ:WAVS) was the recipient 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. Based on an average trading volume of 2,400 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s shares are short sold.

Western Acquisition Ventures Stock Performance

Shares of Western Acquisition Ventures stock opened at $10.90 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 fifty day moving average of $11.18 and a two-hundred day moving average of $10.95.

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 bought a new position in shares of Western Acquisition Ventures Corp. (NASDAQ:WAVS) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 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 quarter. 6.55% of the stock is 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.