Blockchain Moon Acquisition Corp. (NASDAQ:BMAQW – Get Rating) saw a large decline in short interest in October. As of October 31st, there was short interest totalling 7,000 shares, a decline of 60.9% from the October 15th total of 17,900 shares. Based on an average daily trading volume, of 27,700 shares, the days-to-cover ratio is presently 0.3 days.

Hedge Funds Weigh In On Blockchain Moon Acquisition

A hedge fund recently bought a new stake in Blockchain Moon Acquisition stock. Anson Funds Management LP acquired a new position in shares of Blockchain Moon Acquisition Corp. (NASDAQ:BMAQW – Get Rating) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 280,220 shares of the company's stock, valued at approximately $2,766,000.

Blockchain Moon Acquisition Price Performance

Shares of NASDAQ:BMAQW remained flat at $0.04 during midday trading on Friday. The stock's 50-day simple moving average is $0.03 and its 200-day simple moving average is $0.07. Blockchain Moon Acquisition has a 52 week low of $0.01 and a 52 week high of $0.68.

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