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Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSAU) Short Interest Up 25.0% in February

kopsource ·  Mar 5, 2023 08:43

Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSAU – Get Rating) saw a significant growth in short interest in February. As of February 15th, there was short interest totalling 500 shares, a growth of 25.0% from the January 31st total of 400 shares. Based on an average daily trading volume, of 2,400 shares, the short-interest ratio is presently 0.2 days.

Blockchain Coinvestors Acquisition Corp. I Stock Performance

Shares of BCSAU stock opened at $10.75 on Friday. Blockchain Coinvestors Acquisition Corp. I has a 52-week low of $9.83 and a 52-week high of $11.00. The business's fifty day moving average is $10.45 and its 200 day moving average is $10.24.

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Institutional Investors Weigh In On Blockchain Coinvestors Acquisition Corp. I

A hedge fund recently raised its stake in Blockchain Coinvestors Acquisition Corp. I stock. Clear Street LLC raised its position in shares of Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSAU – Get Rating) by 50.4% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,630 shares of the company's stock after purchasing an additional 3,225 shares during the period. Clear Street LLC's holdings in Blockchain Coinvestors Acquisition Corp. I were worth $97,000 at the end of the most recent reporting period.

About Blockchain Coinvestors Acquisition Corp. I

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Blockchain Coinvestors Acquisition Corp. I does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities in the financial services, technology, and other sectors of the economy.

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