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

Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSAW) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totalling 84,100 shares, an increase of 9.5% from the September 15th total of 76,800 shares. Based on an average daily trading volume, of 22,500 shares, the short-interest ratio is currently 3.7 days.

Blockchain Coinvestors Acquisition Corp. I Stock Performance

BCSAW remained flat at $0.01 during trading on Tuesday. 45,000 shares of the company’s stock traded hands, compared to its average volume of 30,647. The stock has a 50 day moving average price of $0.05 and a 200 day moving average price of $0.07. Blockchain Coinvestors Acquisition Corp. I has a fifty-two week low of $0.00 and a fifty-two week 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.