Global Blockchain Acquisition Corp. (NASDAQ:GBBKW) Short Interest Down 39.5% in December

Global Blockchain Acquisition Corp. (NASDAQ:GBBKW) was the target of a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 89,600 shares, a drop of 39.5% from the December 15th total of 148,200 shares. Based on an average daily trading volume, of 54,500 shares, the short-interest ratio is presently 1.6 days.

Global Blockchain Acquisition Price Performance

Shares of GBBKW remained flat at $0.05 during trading hours on Tuesday. 17,700 shares of the stock traded hands, compared to its average volume of 42,067. The company has a 50-day moving average price of $0.04 and a 200 day moving average price of $0.03. Global Blockchain Acquisition has a 52-week low of $0.01 and a 52-week high of $0.07.

About Global Blockchain Acquisition

Global Blockchain Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company intends to pursue targets that are focused on blockchain infrastructure, blockchain applications, and related technologies.