Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSAW) Sees Large Increase in Short Interest

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

Blockchain Coinvestors Acquisition Corp. I Price Performance

NASDAQ:BCSAW opened at $0.00 on Wednesday. Blockchain Coinvestors Acquisition Corp. I has a 12 month low of $0.00 and a 12 month high of $0.25. The company has a 50 day simple moving average of $0.03 and a two-hundred day simple moving average of $0.06.

Blockchain Coinvestors Acquisition Corp. I Company Profile

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.