Short Interest in Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSAW) Expands By 778.6%

Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSAW) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totalling 12,300 shares, an increase of 778.6% from the March 31st total of 1,400 shares. Based on an average daily trading volume, of 36,300 shares, the days-to-cover ratio is currently 0.3 days.

Blockchain Coinvestors Acquisition Corp. I Stock Down 13.4 %

Shares of BCSAW opened at $0.12 on Friday. The stock has a 50 day simple moving average of $0.06 and a two-hundred day simple moving average of $0.05. Blockchain Coinvestors Acquisition Corp. I has a 1 year low of $0.01 and a 1 year high of $0.25.

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.