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Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSAU) Short Interest Update

kopsource ·  Mar 31, 2023 01:02

Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSAU – Get Rating) was the target of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 300 shares, a decrease of 40.0% from the February 28th total of 500 shares. Based on an average daily trading volume, of 2,400 shares, the days-to-cover ratio is presently 0.1 days.

Blockchain Coinvestors Acquisition Corp. I Price Performance

Shares of Blockchain Coinvestors Acquisition Corp. I stock remained flat at $10.42 during trading hours on Thursday. The stock had a trading volume of 129 shares, compared to its average volume of 10,978. Blockchain Coinvestors Acquisition Corp. I has a 1 year low of $9.83 and a 1 year high of $11.00. The stock's 50-day moving average is $10.61 and its two-hundred day moving average is $10.33.

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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 lifted its position in shares of Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSAU – Get Rating) by 50.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 9,630 shares of the company's stock after acquiring an additional 3,225 shares during the quarter. Clear Street LLC's holdings in Blockchain Coinvestors Acquisition Corp. I were worth $97,000 at the end of the most recent quarter.

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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