Global Blockchain Acquisition Corp. (NASDAQ:GBBKR) Sees Large Increase in Short Interest

Global Blockchain Acquisition Corp. (NASDAQ:GBBKR) was the recipient of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 7,800 shares, a growth of 178.6% from the February 29th total of 2,800 shares. Based on an average daily trading volume, of 25,400 shares, the short-interest ratio is currently 0.3 days.

Global Blockchain Acquisition Price Performance

Shares of GBBKR traded up $0.02 during trading hours on Thursday, reaching $0.09. 28,200 shares of the company’s stock traded hands, compared to its average volume of 36,404. Global Blockchain Acquisition has a twelve month low of $0.01 and a twelve month high of $0.55. The business’s fifty day simple moving average is $0.07 and its two-hundred day simple moving average is $0.11.

Global Blockchain Acquisition Company Profile

Global Blockchain Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company intends to pursue targets that are focused on blockchain infrastructure, blockchain applications, and related technologies.