Short Interest in Blade Air Mobility, Inc. (NASDAQ:BLDEW) Rises By 152.3%

Blade Air Mobility, Inc. (NASDAQ:BLDEW) was the recipient of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 38,100 shares, an increase of 152.3% from the January 31st total of 15,100 shares. Based on an average daily volume of 103,100 shares, the short-interest ratio is currently 0.4 days.

Blade Air Mobility Stock Performance

Shares of BLDEW traded down $0.03 during trading hours on Friday, hitting $0.30. 70,668 shares of the company were exchanged, compared to its average volume of 61,267. The firm’s 50 day moving average is $0.38 and its 200-day moving average is $0.31. Blade Air Mobility has a 52 week low of $0.09 and a 52 week high of $0.59.

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.