Blade Air Mobility, Inc. (NASDAQ:BLDEW) Short Interest Down 90.8% in February

Blade Air Mobility, Inc. (NASDAQ:BLDEW) was the recipient of a large decrease in short interest in February. As of February 28th, there was short interest totalling 3,500 shares, a decrease of 90.8% from the February 13th total of 38,100 shares. Based on an average trading volume of 76,200 shares, the days-to-cover ratio is presently 0.0 days.

Blade Air Mobility Price Performance

NASDAQ BLDEW traded down $0.01 during trading on Wednesday, hitting $0.23. 27,524 shares of the company’s stock traded hands, compared to its average volume of 61,240. Blade Air Mobility has a 12-month low of $0.09 and a 12-month high of $0.59. The business has a 50 day moving average of $0.36 and a 200-day moving average of $0.32.

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.