Blade Air Mobility, Inc. (NASDAQ:BLDEW) Short Interest Down 46.9% in November

Blade Air Mobility, Inc. (NASDAQ:BLDEW) was the target of a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 1,700 shares, a decrease of 46.9% from the October 31st total of 3,200 shares. Based on an average daily trading volume, of 62,500 shares, the days-to-cover ratio is currently 0.0 days.

Blade Air Mobility Stock Performance

NASDAQ:BLDEW traded up $0.04 during trading hours on Thursday, hitting $0.49. The company’s stock had a trading volume of 219,382 shares, compared to its average volume of 46,610. Blade Air Mobility has a twelve month low of $0.07 and a twelve month high of $0.54. The stock has a fifty day simple moving average of $0.26 and a 200-day simple moving average of $0.22.

About Blade Air Mobility

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.