Blade Air Mobility, Inc. (NASDAQ:BLDEW) Sees Large Decline in Short Interest

Blade Air Mobility, Inc. (NASDAQ:BLDEW) saw a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 1,700 shares, a decline of 46.9% from the October 31st total of 3,200 shares. Based on an average daily volume of 62,500 shares, the short-interest ratio is presently 0.0 days.

Blade Air Mobility Stock Performance

Shares of Blade Air Mobility stock traded up $0.04 during trading on Thursday, hitting $0.49. The company’s stock had a trading volume of 219,382 shares, compared to its average volume of 46,610. Blade Air Mobility has a 52 week low of $0.07 and a 52 week high of $0.54. The stock has a 50-day moving average price of $0.26 and a two-hundred day moving average price of $0.22.

About Blade Air Mobility

Blade Air Mobility, Inc provides air transportation alternatives to the congested ground routes in the United States. It provides its services through charter and by-the-seat flights using helicopters, jets, turboprops, and amphibious seaplanes. The company was founded in 2014 and is headquartered in New York, New York.