Global Blockchain Acquisition Corp. (NASDAQ:GBBKW – Get Rating) saw a large growth in short interest in August. As of August 15th, there was short interest totalling 120,700 shares, a growth of 188.8% from the July 31st total of 41,800 shares. Based on an average daily volume of 71,200 shares, the days-to-cover ratio is currently 1.7 days.
Global Blockchain Acquisition Stock Performance
GBBKW stock opened at $0.05 on Friday. The stock's 50-day moving average is $0.06. Global Blockchain Acquisition has a 1 year low of $0.04 and a 1 year high of $0.11.
Get Global Blockchain Acquisition alerts:Institutional Investors Weigh In On Global Blockchain Acquisition
Institutional investors and hedge funds have recently made changes to their positions in the business. Wolverine Asset Management LLC acquired a new stake in shares of Global Blockchain Acquisition in the 2nd quarter worth about $35,000. CVI Holdings LLC acquired a new stake in shares of Global Blockchain Acquisition in the 2nd quarter worth about $38,000. Finally, Mint Tower Capital Management B.V. acquired a new stake in shares of Global Blockchain Acquisition in the 2nd quarter worth about $44,000.
Global Blockchain Acquisition Company Profile
(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.
Recommended Stories
- Get a free copy of the StockNews.com research report on Global Blockchain Acquisition (GBBKW)
- Why This Dip in Advanced Auto Parts May be an Opportunity
- MarketBeat: Week in Review 8/22 – 8/26
- Institutional Buying Put A Bottom In Marvell Technology
- Dell Stock Retreats On Weaker Sales, Falls Into Value Terrirtory
- 3 Reasons Dollar General's Rally Has Legs
Receive News & Ratings for Global Blockchain Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global Blockchain Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.