Blockchain Moon Acquisition Corp. (NASDAQ:BMAQ) Short Interest Up 18.2% in April


Blockchain Moon Acquisition Corp. (NASDAQ:BMAQGet Rating) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 2,600 shares, a growth of 18.2% from the March 31st total of 2,200 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 43,800 shares, the days-to-cover ratio is presently 0.1 days.

Blockchain Moon Acquisition stock opened at $9.90 on Wednesday. The company has a 50 day moving average of $9.86. Blockchain Moon Acquisition has a 12-month low of $9.70 and a 12-month high of $10.40.

Large investors have recently modified their holdings of the stock. Susquehanna International Group LLP purchased a new stake in shares of Blockchain Moon Acquisition in the 4th quarter valued at approximately $109,000. Citadel Advisors LLC purchased a new stake in Blockchain Moon Acquisition in the 4th quarter worth approximately $112,000. Schonfeld Strategic Advisors LLC bought a new position in shares of Blockchain Moon Acquisition during the 4th quarter valued at $195,000. Robinson Capital Management LLC bought a new position in shares of Blockchain Moon Acquisition during the 4th quarter valued at $220,000. Finally, Toroso Investments LLC bought a new position in shares of Blockchain Moon Acquisition during the 4th quarter valued at $221,000. Hedge funds and other institutional investors own 68.29% of the company’s stock.

About Blockchain Moon Acquisition (Get Rating)

Blockchain Moon Acquisition Corp. focuses on effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to identify and consummate an initial business combination with a company that focuses on blockchain technology.

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