Blade Air Mobility, Inc. (NASDAQ:BLDEW) Sees Large Growth in Short Interest

Blade Air Mobility, Inc. (NASDAQ:BLDEW) was the target of a large increase in short interest in January. As of January 31st, there was short interest totalling 15,100 shares, an increase of 34.8% from the January 15th total of 11,200 shares. Based on an average trading volume of 107,800 shares, the short-interest ratio is currently 0.1 days.

Blade Air Mobility Price Performance

Shares of Blade Air Mobility stock traded up $0.01 during trading on Friday, hitting $0.32. 155,794 shares of the company’s stock traded hands, compared to its average volume of 81,000. The firm’s fifty day moving average price is $0.40 and its 200 day moving average price is $0.30. Blade Air Mobility has a twelve month low of $0.09 and a twelve month 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.