Blade Air Mobility, Inc. (NASDAQ:BLDEW) Short Interest Down 46.9% in November

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

Blade Air Mobility Stock Performance

BLDEW traded up $0.03 during trading on Friday, reaching $0.52. 525,682 shares of the company were exchanged, compared to its average volume of 48,760. The company’s 50-day moving average is $0.27 and its two-hundred day moving average is $0.22. Blade Air Mobility has a 12-month low of $0.07 and a 12-month high of $0.57.

Blade Air Mobility Company Profile

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.