Global Blockchain Acquisition Corp. (NASDAQ:GBBK) Short Interest Update

Global Blockchain Acquisition Corp. (NASDAQ:GBBK) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 4,000 shares, an increase of 5.3% from the December 15th total of 3,800 shares. Based on an average daily volume of 6,500 shares, the short-interest ratio is presently 0.6 days. Approximately 0.4% of the shares of the company are sold short.

Global Blockchain Acquisition Price Performance

Shares of NASDAQ GBBK traded down $0.02 during midday trading on Monday, hitting $11.24. 80 shares of the stock traded hands, compared to its average volume of 165. Global Blockchain Acquisition has a one year low of $10.61 and a one year high of $12.00. The firm has a 50-day moving average of $11.11 and a two-hundred day moving average of $11.07.

Global Blockchain Acquisition Company Profile

Global Blockchain Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to pursue targets that are focused on blockchain infrastructure, blockchain applications, and related technologies.