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

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

Western Acquisition Ventures Stock Performance

Shares of NASDAQ:WAVS remained flat at $10.00 during midday trading on Tuesday. The company had a trading volume of 1,100 shares, compared to its average volume of 5,811. Western Acquisition Ventures has a 12-month low of $8.50 and a 12-month high of $15.98. The firm’s fifty day moving average is $11.04 and its 200-day moving average is $10.92.

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 acquired a new position in Western Acquisition Ventures Corp. (NASDAQ:WAVS) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor 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 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 6.55% of the company’s stock.

About Western Acquisition Ventures

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.