Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSAW) Sees Significant Growth in Short Interest

Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSAW) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totalling 84,100 shares, a growth of 9.5% from the September 15th total of 76,800 shares. Based on an average daily volume of 22,500 shares, the days-to-cover ratio is currently 3.7 days.

Blockchain Coinvestors Acquisition Corp. I Stock Performance

Shares of NASDAQ BCSAW opened at $0.01 on Thursday. The business has a fifty day simple moving average of $0.05 and a 200 day simple moving average of $0.07. Blockchain Coinvestors Acquisition Corp. I has a one year low of $0.00 and a one year high of $0.25.

About Blockchain Coinvestors Acquisition Corp. I

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.