Short Interest in Bowen Acquisition Corp (NASDAQ:BOWN) Declines By 17.1%

Bowen Acquisition Corp (NASDAQ:BOWNGet Free Report) was the target of a significant decrease in short interest in April. As of April 30th, there was short interest totalling 2,900 shares, a decrease of 17.1% from the April 15th total of 3,500 shares. Based on an average trading volume of 34,000 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Robinson Capital Management LLC acquired a new stake in shares of Bowen Acquisition in the 4th quarter valued at about $52,000. Warberg Asset Management LLC bought a new position in Bowen Acquisition during the 3rd quarter worth approximately $102,000. Radcliffe Capital Management L.P. bought a new position in Bowen Acquisition during the 3rd quarter worth approximately $147,000. Clear Street LLC grew its position in shares of Bowen Acquisition by 371.4% in the 4th quarter. Clear Street LLC now owns 17,457 shares of the company’s stock worth $180,000 after acquiring an additional 13,754 shares in the last quarter. Finally, Mizuho Securities USA LLC bought a new stake in shares of Bowen Acquisition in the 1st quarter valued at approximately $415,000. 59.34% of the stock is currently owned by hedge funds and other institutional investors.

Bowen Acquisition Price Performance

Shares of Bowen Acquisition stock remained flat at $10.50 during trading hours on Tuesday. The company’s stock had a trading volume of 10,305 shares, compared to its average volume of 38,477. Bowen Acquisition has a one year low of $10.10 and a one year high of $10.61. The company’s 50-day moving average is $10.45 and its two-hundred day moving average is $10.37.

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