Keen Vision Acquisition Co. (NASDAQ:KVACW) Sees Large Growth in Short Interest

Keen Vision Acquisition Co. (NASDAQ:KVACW) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 259,800 shares, an increase of 217.6% from the December 15th total of 81,800 shares. Based on an average daily trading volume, of 23,200 shares, the days-to-cover ratio is currently 11.2 days.

Keen Vision Acquisition Stock Performance

KVACW traded down $0.01 during trading on Wednesday, hitting $0.06. 1,337 shares of the company’s stock were exchanged, compared to its average volume of 5,856. Keen Vision Acquisition has a fifty-two week low of $0.03 and a fifty-two week high of $0.19. The business’s 50 day moving average is $0.06 and its two-hundred day moving average is $0.05.

About Keen Vision Acquisition

Keen Vision Acquisition Corporation does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, and related business combination with one or more businesses or entities. It also intends to focus on businesses in the biotechnology, consumer goods, and agriculture sectors.