Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSAW) Short Interest Up 11.5% in July

Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSAW) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totalling 88,100 shares, an increase of 11.5% from the June 30th total of 79,000 shares. Based on an average trading volume of 17,400 shares, the days-to-cover ratio is currently 5.1 days.

Blockchain Coinvestors Acquisition Corp. I Trading Up 14.1 %

Shares of NASDAQ BCSAW traded up $0.01 during mid-day trading on Tuesday, reaching $0.08. 21,820 shares of the company’s stock were exchanged, compared to its average volume of 32,379. The business has a fifty day simple moving average of $0.07 and a 200 day simple moving average of $0.07. Blockchain Coinvestors Acquisition Corp. I has a twelve month low of $0.01 and a twelve month 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.