Global Blockchain Acquisition Corp. (NASDAQ:GBBK) Short Interest Up 5.3% in December

Global Blockchain Acquisition Corp. (NASDAQ:GBBK) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 4,000 shares, an increase of 5.3% from the December 15th total of 3,800 shares. Based on an average daily trading volume, of 6,500 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.4% of the company’s stock are short sold.

Global Blockchain Acquisition Stock Down 0.1 %

Global Blockchain Acquisition stock traded down $0.02 during midday trading on Friday, reaching $11.24. The stock had a trading volume of 80 shares, compared to its average volume of 165. The firm’s fifty day simple moving average is $11.11 and its 200-day simple moving average is $11.07. Global Blockchain Acquisition has a 1-year low of $10.61 and a 1-year high of $12.00.

Global Blockchain Acquisition Company Profile

Global Blockchain Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to pursue targets that are focused on blockchain infrastructure, blockchain applications, and related technologies.