Short Interest in Blade Air Mobility, Inc. (NASDAQ:BLDEW) Expands By 823.5%

Blade Air Mobility, Inc. (NASDAQ:BLDEW) was the recipient of a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 15,700 shares, an increase of 823.5% from the November 15th total of 1,700 shares. Based on an average daily volume of 81,400 shares, the days-to-cover ratio is presently 0.2 days.

Blade Air Mobility Trading Down 1.5 %

BLDEW stock traded down $0.01 during midday trading on Wednesday, reaching $0.45. 9,615 shares of the company were exchanged, compared to its average volume of 49,907. The business has a 50-day moving average price of $0.32 and a two-hundred day moving average price of $0.23. Blade Air Mobility has a one year low of $0.07 and a one year high of $0.59.

Blade Air Mobility Company Profile

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.