Blue World Acquisition Co. (NASDAQ:BWAQ – Get Rating) was the target of a large growth in short interest in November. As of November 30th, there was short interest totalling 2,200 shares, a growth of 46.7% from the November 15th total of 1,500 shares. Based on an average trading volume of 11,200 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Hudson Bay Capital Management LP lifted its holdings in Blue World Acquisition by 12.9% during the 2nd quarter. Hudson Bay Capital Management LP now owns 875,000 shares of the company's stock worth $8,698,000 after buying an additional 100,000 shares in the last quarter. Saba Capital Management L.P. bought a new position in Blue World Acquisition during the 1st quarter worth about $8,349,000. Shaolin Capital Management LLC grew its holdings in shares of Blue World Acquisition by 38.9% in the 3rd quarter. Shaolin Capital Management LLC now owns 694,413 shares of the company's stock valued at $6,965,000 after acquiring an additional 194,413 shares in the last quarter. Mizuho Securities USA LLC grew its holdings in Blue World Acquisition by 7.3% during the third quarter. Mizuho Securities USA LLC now owns 530,506 shares of the company's stock worth $5,220,000 after purchasing an additional 35,906 shares during the period. Finally, Glazer Capital LLC bought a new stake in shares of Blue World Acquisition during the first quarter worth approximately $5,234,000. Institutional investors and hedge funds own 67.61% of the company's stock.

Blue World Acquisition Price Performance

Shares of BWAQ opened at $10.18 on Friday. Blue World Acquisition has a one year low of $9.84 and a one year high of $10.38. The business's 50 day simple moving average is $10.12 and its 200-day simple moving average is $10.02.

About Blue World Acquisition

Blue World Acquisition Corporation does not have significant operations. It focuses on entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. The company intends to focus primarily on businesses in the marine leisure, cruise, marine infrastructure and engineering, general hospitality, travel and tourism, marine services, logistics and supply chain, offshore energy solutions, and related industry segments.

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