Short Interest in Western Acquisition Ventures Corp. (NASDAQ:WAVS) Rises By 100.0%

Western Acquisition Ventures Corp. (NASDAQ:WAVS) was the target of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 200 shares, a growth of 100.0% from the October 15th total of 100 shares. Based on an average daily trading volume, of 2,200 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Western Acquisition Ventures Stock Performance

WAVS stock opened at $11.02 on Friday. The company’s fifty day simple moving average is $10.98 and its 200 day simple moving average is $10.92. Western Acquisition Ventures has a 12-month low of $10.27 and a 12-month high of $15.98.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Western Acquisition Ventures stock. Flow Traders U.S. LLC bought a new position in Western Acquisition Ventures Corp. (NASDAQ:WAVS) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 10,295 shares of the company’s stock, valued at approximately $108,000. Flow Traders U.S. LLC owned approximately 0.29% of Western Acquisition Ventures as of its most recent filing with the Securities and Exchange Commission (SEC). 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.