Western Acquisition Ventures Corp. (NASDAQ:WAVS – Get Rating) was the target of a significant decline in short interest in January. As of January 31st, there was short interest totalling 2,300 shares, a decline of 37.8% from the January 15th total of 3,700 shares. Based on an average daily volume of 8,300 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.

Western Acquisition Ventures Stock Up 0.3 %

Shares of NASDAQ:WAVS opened at $10.28 on Monday. Western Acquisition Ventures has a 1-year low of $9.80 and a 1-year high of $12.67. The firm's 50 day simple moving average is $10.33 and its two-hundred day simple moving average is $10.11.

Hedge Funds Weigh In On Western Acquisition Ventures

Hedge funds have recently modified their holdings of the stock. BlackRock Inc. lifted its holdings in shares of Western Acquisition Ventures by 531,625.0% in the third quarter. BlackRock Inc. now owns 21,269 shares of the company's stock worth $212,000 after buying an additional 21,265 shares in the last quarter. K2 Principal Fund L.P. purchased a new position in shares of Western Acquisition Ventures in the fourth quarter worth $287,000. Robinson Capital Management LLC purchased a new position in shares of Western Acquisition Ventures in the second quarter worth $318,000. Landscape Capital Management L.L.C. purchased a new position in shares of Western Acquisition Ventures in the third quarter worth $504,000. Finally, Berkley W R Corp purchased a new position in shares of Western Acquisition Ventures in the second quarter worth $994,000. Hedge funds and other institutional investors own 62.51% of the company's stock.

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 target businesses. It focuses on businesses operating in the infrastructure and environmental services; health, wellness, and food sustainability; financial technology and financial services; enterprise software and SaaS; and leisure and hospitality industries.

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