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

Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSAW) was the recipient of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 12,300 shares, a growth of 778.6% from the March 31st total of 1,400 shares. Based on an average trading volume of 36,300 shares, the days-to-cover ratio is currently 0.3 days.

Blockchain Coinvestors Acquisition Corp. I Stock Performance

Shares of NASDAQ BCSAW opened at $0.13 on Friday. The firm has a 50 day moving average of $0.06 and a 200 day moving average of $0.05. Blockchain Coinvestors Acquisition Corp. I has a 12-month low of $0.01 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.