Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSA) Sees Large Drop in Short Interest


Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSAget grade) was the recipient of a large drop in short interest in November. As of November 15, interest was shorted on a total of 2,300 shares, a decrease of 11.5% from the October 31 total of 2,600 shares. Based on an average trading volume of 33,000 shares, the short-term interest rate is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Institutional investors weigh in on Blockchain Coinvestors Acquisition Corp. I

Institutional investors have recently bought and sold shares in the company. Royal Bank of Canada bought a new stake in Blockchain Coinvestors Acquisition Corp. I in the first quarter valued at approximately $66,000. Centiva Capital LP purchased a new stake in Blockchain Coinvestors Acquisition Corp. I shares during the second quarter worth approximately $145,000. Captrust Financial Advisors purchased a new stake in Blockchain Coinvestors Acquisition Corp. I shares during the first quarter worth approximately $154,000. OLD Mission Capital LLC purchased a new stake in Blockchain Coinvestors Acquisition Corp. I stock during the second quarter worth approximately $186,000. Finally, Woodline Partners LP purchased a new stake in Blockchain Coinvestors Acquisition Corp. I shares during the first quarter worth approximately $248,000. Institutional investors own 60.61% of the company’s shares.

Blockchain Coinvestors Acquisition Corp. I Trading Up 0.2%

NASDAQ BCSA traded as high as $0.02 during trading on Friday, reaching as high as $10.22. The stock had trading volume of 1,673 shares, compared to its average volume of 65,747. The company’s 50-day moving average price is $10.11 and its two-hundred-day moving average price is $10.03. Blockchain Coinvestors Acquisition Corp. I has a 12-month minimum of $4.09 and a 12-month maximum of $10.58.

Blockchain Coinvestors Acquisition Corp. I Company Profile

(get grade)

Blockchain Coinvestors Acquisition Corp. I does not have significant operations. Focuses on effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more companies or entities in the financial services, technology, and other sectors of the economy.

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