Short Interest in Blade Air Mobility, Inc. (NASDAQ:BLDEW) Decreases By 92.6%

Blade Air Mobility, Inc. (NASDAQ:BLDEW) was the target of a large decline in short interest in the month of October. As of October 15th, there was short interest totalling 3,100 shares, a decline of 92.6% from the September 30th total of 41,700 shares. Based on an average daily trading volume, of 63,500 shares, the short-interest ratio is currently 0.0 days.

Blade Air Mobility Price Performance

BLDEW traded down $0.03 during trading on Friday, reaching $0.24. 18,250 shares of the company were exchanged, compared to its average volume of 40,452. Blade Air Mobility has a 52 week low of $0.07 and a 52 week high of $0.49. The firm has a 50 day moving average of $0.21 and a 200 day moving average of $0.22.

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.