Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSAW) Short Interest Update

Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSAW) was the target of a large drop in short interest in October. As of October 15th, there was short interest totalling 3,900 shares, a drop of 95.4% from the September 30th total of 84,100 shares. Based on an average daily trading volume, of 20,800 shares, the short-interest ratio is presently 0.2 days.

Blockchain Coinvestors Acquisition Corp. I Price Performance

Shares of BCSAW stock remained flat at $0.01 during trading hours on Friday. The firm has a 50-day simple moving average of $0.04 and a two-hundred day simple moving average of $0.07. Blockchain Coinvestors Acquisition Corp. I has a 12 month low of $0.00 and a 12 month high of $0.25.

Blockchain Coinvestors Acquisition Corp. I Company Profile

Blockchain Coinvestors Acquisition Corp. I does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the financial services, technology, and other sectors of the economy that are being enabled by emerging applications of blockchain.