Short Interest in Global Blockchain Acquisition Corp. (NASDAQ:GBBKR) Rises By 7.5%

Global Blockchain Acquisition Corp. (NASDAQ:GBBKR) was the target of a large growth in short interest in June. As of June 15th, there was short interest totalling 5,700 shares, a growth of 7.5% from the May 31st total of 5,300 shares. Based on an average daily volume of 10,600 shares, the days-to-cover ratio is currently 0.5 days.

Global Blockchain Acquisition Stock Performance

Shares of NASDAQ:GBBKR traded up $0.02 during trading on Tuesday, reaching $0.07. The stock had a trading volume of 7,860 shares, compared to its average volume of 23,917. Global Blockchain Acquisition has a 52 week low of $0.01 and a 52 week high of $0.28. The business’s 50-day moving average price is $0.08 and its 200 day moving average price is $0.08.

Global Blockchain Acquisition Company Profile

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. The company intends to pursue targets that are focused on blockchain infrastructure, blockchain applications, and related technologies.