Global Blockchain Acquisition Corp. (NASDAQ:GBBKW) Short Interest Down 39.5% in December

Global Blockchain Acquisition Corp. (NASDAQ:GBBKW) saw a large decrease in short interest during the month of December. As of December 31st, there was short interest totalling 89,600 shares, a decrease of 39.5% from the December 15th total of 148,200 shares. Based on an average daily volume of 54,500 shares, the days-to-cover ratio is currently 1.6 days.

Global Blockchain Acquisition Stock Performance

Shares of NASDAQ:GBBKW remained flat at $0.05 during trading on Tuesday. 17,700 shares of the stock were exchanged, compared to its average volume of 42,067. The business’s 50 day moving average is $0.04 and its two-hundred day moving average is $0.03. Global Blockchain Acquisition has a 12 month low of $0.01 and a 12 month high of $0.07.

About Global Blockchain Acquisition

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.