Short Interest in Global Blockchain Acquisition Corp. (NASDAQ:GBBKW) Rises By 22.0%

Global Blockchain Acquisition Corp. (NASDAQ:GBBKW) saw a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 102,100 shares, an increase of 22.0% from the February 13th total of 83,700 shares. Based on an average daily trading volume, of 31,000 shares, the days-to-cover ratio is currently 3.3 days.

Global Blockchain Acquisition Trading Down 5.1 %

NASDAQ GBBKW traded down $0.00 on Wednesday, hitting $0.04. The company’s stock had a trading volume of 22,200 shares, compared to its average volume of 52,160. The company’s 50-day simple moving average is $0.05 and its 200 day simple moving average is $0.04. Global Blockchain Acquisition has a 52-week low of $0.01 and a 52-week high of $0.09.

About Global Blockchain Acquisition

Global Blockchain Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company intends to pursue targets that are focused on blockchain infrastructure, blockchain applications, and related technologies.