Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSAW) Short Interest Down 95.4% in October

Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSAW) saw a large drop in short interest in October. As of October 15th, there was short interest totalling 3,900 shares, a drop of 95.4% from the September 30th total of 84,100 shares. Based on an average daily volume of 20,800 shares, the short-interest ratio is currently 0.2 days.

Blockchain Coinvestors Acquisition Corp. I Price Performance

Shares of NASDAQ BCSAW opened at $0.02 on Friday. The business’s 50-day simple moving average is $0.04 and its 200-day simple moving average is $0.07. 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.