Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSAW) Sees Large Increase in Short Interest

Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSAW) saw a significant increase in short interest in October. As of October 31st, there was short interest totalling 14,400 shares, an increase of 269.2% from the October 15th total of 3,900 shares. Based on an average daily trading volume, of 49,400 shares, the short-interest ratio is currently 0.3 days.

Blockchain Coinvestors Acquisition Corp. I Stock Performance

Shares of BCSAW stock remained flat at $0.00 during trading hours on Tuesday. 61,655 shares of the company were exchanged, compared to its average volume of 39,792. The stock’s 50-day moving average is $0.03 and its 200-day moving average is $0.06. Blockchain Coinvestors Acquisition Corp. I has a 52-week low of $0.00 and a 52-week high of $0.25.

Blockchain Coinvestors Acquisition Corp. I Company Profile

Blockchain Coinvestors Acquisition Corp. I does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the financial services, technology, and other sectors of the economy that are being enabled by emerging applications of blockchain.