Short Interest in Blade Air Mobility, Inc. (NASDAQ:BLDEW) Rises By 143.8%

Blade Air Mobility, Inc. (NASDAQ:BLDEW) was the target of a large growth in short interest in July. As of July 15th, there was short interest totalling 3,900 shares, a growth of 143.8% from the June 30th total of 1,600 shares. Based on an average trading volume of 15,700 shares, the days-to-cover ratio is presently 0.2 days.

Blade Air Mobility Stock Performance

BLDEW remained flat at $0.18 during trading on Friday. 21,767 shares of the company traded hands, compared to its average volume of 28,632. Blade Air Mobility has a 1-year low of $0.07 and a 1-year high of $0.65. The stock has a 50 day moving average of $0.19 and a 200-day moving average of $0.21.

About Blade Air Mobility

Blade Air Mobility, Inc provides air transportation alternatives to the congested ground routes in the United States. It provides its services through charter and by-the-seat flights using helicopters, jets, turboprops, and amphibious seaplanes. The company was founded in 2014 and is headquartered in New York, New York.