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Blockchain Moon Acquisition Corp. (NASDAQ:BMAQW) Sees Large Growth in Short Interest

Financial News Live ·  Oct 28, 2022 08:41

Blockchain Moon Acquisition Corp. (NASDAQ:BMAQW – Get Rating) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 17,900 shares, a growth of 219.6% from the September 30th total of 5,600 shares. Based on an average daily volume of 34,800 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of Blockchain Moon Acquisition

A hedge fund recently bought a new stake in Blockchain Moon Acquisition stock. Anson Funds Management LP purchased a new stake in Blockchain Moon Acquisition Corp. (NASDAQ:BMAQW – Get Rating) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 280,220 shares of the company's stock, valued at approximately $2,766,000.

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Blockchain Moon Acquisition Stock Performance

Shares of BMAQW opened at $0.03 on Friday. Blockchain Moon Acquisition has a one year low of $0.01 and a one year high of $0.68. The company has a 50-day moving average of $0.04 and a two-hundred day moving average of $0.08.

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