Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSA – Get Free Report) was the recipient of a significant increase in short interest during the month of February. As of February 29th, there was short interest totalling 1,900 shares, an increase of 171.4% from the February 14th total of 700 shares. Based on an average daily volume of 11,300 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s shares are short sold.
Blockchain Coinvestors Acquisition Corp. I Price Performance
Shares of BCSA stock opened at $11.03 on Wednesday. The firm’s 50-day moving average is $10.97 and its two-hundred day moving average is $10.89. Blockchain Coinvestors Acquisition Corp. I has a 12 month low of $10.25 and a 12 month high of $11.88.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in BCSA. Royal Bank of Canada purchased a new stake in Blockchain Coinvestors Acquisition Corp. I in the first quarter valued at $66,000. Centiva Capital LP purchased a new stake in Blockchain Coinvestors Acquisition Corp. I in the 2nd quarter valued at about $145,000. Captrust Financial Advisors purchased a new stake in Blockchain Coinvestors Acquisition Corp. I in the 1st quarter valued at about $154,000. Quarry LP acquired a new position in Blockchain Coinvestors Acquisition Corp. I in the second quarter valued at about $215,000. Finally, Virtu Financial LLC purchased a new stake in shares of Blockchain Coinvestors Acquisition Corp. I in the 4th quarter valued at approximately $233,000. 23.04% of the stock is currently owned by institutional investors and hedge funds.
Blockchain Coinvestors Acquisition Corp. I Company Profile
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.
Featured Stories
Receive News & Ratings for Blockchain Coinvestors Acquisition Corp. I Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Blockchain Coinvestors Acquisition Corp. I and related companies with MarketBeat.com’s FREE daily email newsletter.
This article was originally published by a www.defenseworld.net . Read the Original article here. .