Global Blockchain Acquisition Corp. (NASDAQ:GBBKW – Get Rating) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totalling 41,800 shares, a growth of 48.8% from the July 15th total of 28,100 shares. Based on an average daily volume of 90,900 shares, the short-interest ratio is presently 0.5 days.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Global Blockchain Acquisition stock. Mint Tower Capital Management B.V. acquired a new position in shares of Global Blockchain Acquisition Corp. (NASDAQ:GBBKW – Get Rating) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 739,777 shares of the company's stock, valued at approximately $44,000.
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Global Blockchain Acquisition stock opened at $0.06 on Friday. Global Blockchain Acquisition has a 12-month low of $0.05 and a 12-month high of $0.11.
About Global Blockchain Acquisition
(Get Rating)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. It intends to pursue targets that are focused on blockchain infrastructure, blockchain applications, and related technologies.
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