Blade Air Mobility, Inc. (NASDAQ:BLDEW) Short Interest Down 90.8% in February

Blade Air Mobility, Inc. (NASDAQ:BLDEW) was the target of a significant decline in short interest in February. As of February 28th, there was short interest totalling 3,500 shares, a decline of 90.8% from the February 13th total of 38,100 shares. Based on an average daily volume of 76,200 shares, the days-to-cover ratio is presently 0.0 days.

Blade Air Mobility Stock Down 4.5 %

BLDEW stock opened at $0.23 on Thursday. The business has a 50-day simple moving average of $0.36 and a 200 day simple moving average of $0.32. 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.