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 during the month of 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 volume of 36,300 shares, the short-interest ratio is currently 0.3 days.

Blockchain Coinvestors Acquisition Corp. I Stock Performance

Shares of BCSAW stock remained flat at $0.13 during trading hours on Thursday. Blockchain Coinvestors Acquisition Corp. I has a 12 month low of $0.01 and a 12 month high of $0.25. The company’s 50-day simple moving average is $0.06 and its 200-day simple moving average is $0.05.

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.