Global Blockchain Acquisition Corp. (NASDAQ:GBBK) Sees Significant Increase in Short Interest

Global Blockchain Acquisition Corp. (NASDAQ:GBBKGet Free Report) was the target of a significant increase in short interest in 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 presently 0.6 days. Currently, 0.4% of the company’s shares are sold short.

Global Blockchain Acquisition Stock Performance

Shares of GBBK stock opened at $11.35 on Monday. The stock’s 50 day simple moving average is $11.14 and its two-hundred day simple moving average is $11.08. Global Blockchain Acquisition has a 1 year low of $10.69 and a 1 year high of $12.00.

Global Blockchain Acquisition Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Global Blockchain Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global Blockchain Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.