Short Interest in Global Blockchain Acquisition Corp. (NASDAQ:GBBKW) Increases By 22.0%

Global Blockchain Acquisition Corp. (NASDAQ:GBBKW) was the target of a significant increase in short interest in February. As of February 28th, there was short interest totalling 102,100 shares, an increase of 22.0% from the February 13th total of 83,700 shares. Based on an average daily volume of 31,000 shares, the days-to-cover ratio is currently 3.3 days.

Global Blockchain Acquisition Trading Down 5.1 %

Shares of NASDAQ:GBBKW traded down $0.00 during trading on Tuesday, reaching $0.04. The company had a trading volume of 22,200 shares, compared to its average volume of 52,160. Global Blockchain Acquisition has a twelve month low of $0.01 and a twelve month high of $0.09. The firm’s fifty day moving average is $0.05 and its 200 day moving average is $0.04.

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.