Blade Air Mobility, Inc. (NASDAQ:BLDEW) Sees Large Decrease in Short Interest

Blade Air Mobility, Inc. (NASDAQ:BLDEW) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totalling 41,700 shares, a decrease of 29.6% from the September 15th total of 59,200 shares. Based on an average trading volume of 61,200 shares, the short-interest ratio is presently 0.7 days.

Blade Air Mobility Stock Performance

Shares of NASDAQ:BLDEW remained flat at $0.24 during trading on Monday. 28,951 shares of the stock were exchanged, compared to its average volume of 40,658. The business’s 50-day simple moving average is $0.20 and its two-hundred day simple moving average is $0.22. Blade Air Mobility has a fifty-two week low of $0.07 and a fifty-two week high of $0.49.

Blade Air Mobility Company Profile

Blade Air Mobility, Inc provides air transportation alternatives to the congested ground routes in the United States. It provides its services through charter and by-the-seat flights using helicopters, jets, turboprops, and amphibious seaplanes. The company was founded in 2014 and is headquartered in New York, New York.