Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSAW) Short Interest Up 269.2% in October

Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSAW) was the recipient of a significant increase in short interest during the month of 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 presently 0.3 days.

Blockchain Coinvestors Acquisition Corp. I Stock Performance

Shares of BCSAW stock opened at $0.00 on Thursday. The company’s fifty day simple moving average is $0.02 and its two-hundred day simple 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.