Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSA) Sees Large Drop in Short Interest - MarketBeat

Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSA - Get Rating) was the recipient of a large decline in short interest in November. As of November 15th, there was short interest totalling 2,300 shares, a decline of 11.5% from the October 31st total of 2,600 shares. Based on an average trading volume of 33,000 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company's stock are sold short.

Institutional Investors Weigh In On Blockchain Coinvestors Acquisition Corp. I

Institutional investors have recently bought and sold shares of the company. Royal Bank of Canada bought a new stake in Blockchain Coinvestors Acquisition Corp. I in the 1st quarter valued at approximately $66,000. Centiva Capital LP bought a new stake in shares of Blockchain Coinvestors Acquisition Corp. I during the 2nd quarter worth approximately $145,000. Captrust Financial Advisors bought a new stake in shares of Blockchain Coinvestors Acquisition Corp. I during the 1st quarter worth approximately $154,000. OLD Mission Capital LLC bought a new stake in shares of Blockchain Coinvestors Acquisition Corp. I during the 2nd quarter worth approximately $186,000. Finally, Woodline Partners LP bought a new stake in shares of Blockchain Coinvestors Acquisition Corp. I during the 1st quarter worth approximately $248,000. Institutional investors own 60.61% of the company's stock.

Blockchain Coinvestors Acquisition Corp. I Trading Up 0.2 %

NASDAQ BCSA traded up $0.02 during trading on Friday, hitting $10.22. The stock had a trading volume of 1,673 shares, compared to its average volume of 65,747. The company's 50-day moving average price is $10.11 and its two-hundred day moving average price is $10.03. Blockchain Coinvestors Acquisition Corp. I has a 12 month low of $4.09 and a 12 month high of $10.58.

Blockchain Coinvestors Acquisition Corp. I Company Profile

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Blockchain Coinvestors Acquisition Corp. I does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities in the financial services, technology, and other sectors of the economy.