Trailblazer Merger Co. I (NASDAQ:TBMC) Short Interest Update

Trailblazer Merger Co. I (NASDAQ:TBMC) saw a significant drop in short interest during the month of June. As of June 15th, there was short interest totalling 400 shares, a drop of 33.3% from the May 31st total of 600 shares. Based on an average daily trading volume, of 15,100 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Trailblazer Merger Co. I Stock Performance

Shares of TBMC stock remained flat at $10.80 during trading hours on Friday. The stock had a trading volume of 1,493 shares, compared to its average volume of 27,487. Trailblazer Merger Co. I has a 1-year low of $10.18 and a 1-year high of $11.60. The firm has a 50-day moving average price of $10.78 and a two-hundred day moving average price of $10.62.

Institutional Trading of Trailblazer Merger Co. I

Several large investors have recently bought and sold shares of TBMC. Condor Capital Management acquired a new stake in shares of Trailblazer Merger Co. I during the fourth quarter worth $119,000. TrueMark Investments LLC acquired a new position in shares of Trailblazer Merger Co. I in the 4th quarter valued at $230,000. Mizuho Securities USA LLC acquired a new position in shares of Trailblazer Merger Co. I in the 1st quarter valued at $336,000. Robinson Capital Management LLC increased its position in shares of Trailblazer Merger Co. I by 16.5% in the 4th quarter. Robinson Capital Management LLC now owns 38,658 shares of the company’s stock valued at $404,000 after acquiring an additional 5,470 shares during the period. Finally, Karpus Management Inc. increased its position in shares of Trailblazer Merger Co. I by 18.8% in the 4th quarter. Karpus Management Inc. now owns 132,750 shares of the company’s stock valued at $1,389,000 after acquiring an additional 21,000 shares during the period. Hedge funds and other institutional investors own 77.13% of the company’s stock.

Trailblazer Merger Co. I Company Profile

Trailblazer Merger Corporation I does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.