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

Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSA) was the recipient of a significant decrease in short interest in September. As of September 30th, there was short interest totalling 4,300 shares, a decrease of 12.2% from the September 15th total of 4,900 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average trading volume of 7,200 shares, the short-interest ratio is currently 0.6 days.

Hedge Funds Weigh In On Blockchain Coinvestors Acquisition Corp. I

Several institutional investors have recently modified their holdings of BCSA. Tuttle Capital Management LLC bought a new position in shares of Blockchain Coinvestors Acquisition Corp. I during the first quarter worth about $222,000. Virtu Financial LLC bought a new position in shares of Blockchain Coinvestors Acquisition Corp. I during the fourth quarter worth about $233,000. Clear Street LLC grew its position in shares of Blockchain Coinvestors Acquisition Corp. I by 69.2% during the second quarter. Clear Street LLC now owns 54,999 shares of the company’s stock worth $615,000 after acquiring an additional 22,492 shares during the last quarter. Quarry LP bought a new position in shares of Blockchain Coinvestors Acquisition Corp. I during the second quarter worth about $833,000. Finally, Berkley W R Corp grew its position in shares of Blockchain Coinvestors Acquisition Corp. I by 142.4% during the first quarter. Berkley W R Corp now owns 297,222 shares of the company’s stock worth $3,296,000 after acquiring an additional 174,598 shares during the last quarter. Institutional investors own 14.47% of the company’s stock.

Blockchain Coinvestors Acquisition Corp. I Stock Up 0.1 %

BCSA stock traded up $0.01 during trading on Monday, hitting $11.51. 144,041 shares of the company’s stock traded hands, compared to its average volume of 21,895. Blockchain Coinvestors Acquisition Corp. I has a 52 week low of $10.70 and a 52 week high of $11.88. The stock has a fifty day moving average price of $11.28 and a two-hundred day moving average price of $11.20.

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.