Trailblazer Merger Co. I (NASDAQ:TBMC) Short Interest Down 44.4% in April

Trailblazer Merger Co. I (NASDAQ:TBMC) was the recipient of a large decrease in short interest in April. As of April 15th, there was short interest totalling 500 shares, a decrease of 44.4% from the March 31st total of 900 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 18,500 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors Weigh In On Trailblazer Merger Co. I

Several hedge funds have recently modified their holdings of the stock. Condor Capital Management acquired a new stake in Trailblazer Merger Co. I during the 4th quarter valued at $119,000. TrueMark Investments LLC acquired a new position in shares of Trailblazer Merger Co. I in the fourth quarter worth about $230,000. Robinson Capital Management LLC boosted its stake in shares of Trailblazer Merger Co. I by 16.5% during the 4th quarter. Robinson Capital Management LLC now owns 38,658 shares of the company’s stock valued at $404,000 after buying an additional 5,470 shares during the last quarter. Deltec Asset Management LLC boosted its stake in Trailblazer Merger Co. I by 46.7% during the 3rd quarter. Deltec Asset Management LLC now owns 110,000 shares of the company’s stock valued at $1,136,000 after acquiring an additional 35,000 shares during the last quarter. Finally, Karpus Management Inc. grew its stake in Trailblazer Merger Co. I by 18.8% in the fourth quarter. Karpus Management Inc. now owns 132,750 shares of the company’s stock worth $1,389,000 after purchasing an additional 21,000 shares in the last quarter. 77.13% of the stock is currently owned by hedge funds and other institutional investors.

Trailblazer Merger Co. I Trading Up 0.1 %

NASDAQ:TBMC traded up $0.01 during mid-day trading on Friday, hitting $10.75. The company had a trading volume of 25,002 shares, compared to its average volume of 23,345. The business has a fifty day simple moving average of $10.61 and a 200-day simple moving average of $10.49. Trailblazer Merger Co. I has a 1 year low of $10.08 and a 1 year high of $10.99.

About Trailblazer Merger Co. I

Trailblazer Merger Corporation I does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.