Global Blockchain Acquisition Corp. (NASDAQ:GBBK) Short Interest Up 5.3% in January

Global Blockchain Acquisition Corp. (NASDAQ:GBBK) was the target of a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 4,000 shares, an increase of 5.3% from the December 31st total of 3,800 shares. Based on an average daily volume of 6,500 shares, the short-interest ratio is currently 0.6 days. Approximately 0.4% of the shares of the company are short sold.

Global Blockchain Acquisition Stock Performance

Shares of GBBK opened at $11.30 on Tuesday. Global Blockchain Acquisition has a 1 year low of $10.69 and a 1 year high of $12.00. The stock’s fifty day moving average price is $11.14 and its two-hundred day moving average price is $11.08.

About Global Blockchain Acquisition

Global Blockchain Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to pursue targets that are focused on blockchain infrastructure, blockchain applications, and related technologies.