Blade Air Mobility, Inc. (NASDAQ:BLDEW) Sees Significant Increase in Short Interest

Blade Air Mobility, Inc. (NASDAQ:BLDEW) was the target of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 38,100 shares, an increase of 152.3% from the January 31st total of 15,100 shares. Based on an average daily volume of 103,100 shares, the days-to-cover ratio is presently 0.4 days.

Blade Air Mobility Stock Performance

Shares of BLDEW stock opened at $0.30 on Friday. Blade Air Mobility has a fifty-two week low of $0.09 and a fifty-two week high of $0.59. The company has a 50 day moving average price of $0.38 and a 200 day moving average price of $0.31.

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.