Global Blockchain Acquisition Corp. (NASDAQ:GBBKW) Sees Significant Drop in Short Interest

Global Blockchain Acquisition Corp. (NASDAQ:GBBKW) was the target of a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 76,900 shares, a decrease of 9.6% from the January 15th total of 85,100 shares. Based on an average daily trading volume, of 64,700 shares, the short-interest ratio is presently 1.2 days.

Global Blockchain Acquisition Stock Down 1.7 %

Shares of NASDAQ:GBBKW traded down $0.00 during midday trading on Monday, hitting $0.06. The stock had a trading volume of 3,800 shares, compared to its average volume of 62,376. Global Blockchain Acquisition has a 1 year low of $0.01 and a 1 year high of $0.09. The stock has a 50 day moving average price of $0.05 and a two-hundred day moving average price of $0.03.

About Global Blockchain Acquisition

Global Blockchain Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company intends to pursue targets that are focused on blockchain infrastructure, blockchain applications, and related technologies.