Short Interest in Blade Air Mobility, Inc. (NASDAQ:BLDEW) Drops By 94.9%

Blade Air Mobility, Inc. (NASDAQ:BLDEW) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 800 shares, a drop of 94.9% from the November 30th total of 15,700 shares. Based on an average daily volume of 95,200 shares, the short-interest ratio is currently 0.0 days.

Blade Air Mobility Stock Performance

BLDEW stock traded up $0.04 during trading on Thursday, hitting $0.45. 168,535 shares of the company’s stock traded hands, compared to its average volume of 53,496. The business has a fifty day simple moving average of $0.35 and a two-hundred day simple moving average of $0.25. Blade Air Mobility has a 1 year low of $0.07 and a 1 year high of $0.59.

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.