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

Western Acquisition Ventures Corp. (NASDAQ:WAVS) saw a significant growth in short interest in the month of 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 short-interest ratio is presently 1.0 days. Approximately 0.4% of the shares of the company are sold short.

Western Acquisition Ventures Stock Performance

Shares of NASDAQ WAVS opened at $14.00 on Thursday. The firm’s 50-day simple moving average is $11.09 and its 200 day simple moving average is $10.95. Western Acquisition Ventures has a fifty-two week low of $8.50 and a fifty-two week high of $15.98.

Institutional Inflows and Outflows

An institutional investor recently bought a new position 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 13F filing with the Securities & Exchange Commission. The institutional investor bought 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 at the end of the most recent reporting period. Institutional investors and hedge funds 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.