Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSAW) Sees Significant Growth in Short Interest

Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSAW) was the target of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 14,400 shares, a growth of 269.2% from the October 15th total of 3,900 shares. Based on an average trading volume of 49,400 shares, the short-interest ratio is presently 0.3 days.

Blockchain Coinvestors Acquisition Corp. I Price Performance

Shares of BCSAW opened at $0.00 on Thursday. The company’s fifty day simple moving average is $0.02 and its 200-day simple moving average is $0.06. Blockchain Coinvestors Acquisition Corp. I has a twelve month low of $0.00 and a twelve month high of $0.25.

About Blockchain Coinvestors Acquisition Corp. I

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.