Blade Air Mobility, Inc. (NASDAQ:BLDEW) Sees Large Increase in Short Interest

Blade Air Mobility, Inc. (NASDAQ:BLDEW) saw a significant increase in short interest in March. As of March 31st, there was short interest totalling 4,500 shares, an increase of 4,400.0% from the March 15th total of 100 shares. Based on an average daily trading volume, of 49,200 shares, the short-interest ratio is currently 0.1 days.

Blade Air Mobility Stock Up 6.4 %

Shares of NASDAQ BLDEW opened at $0.17 on Wednesday. Blade Air Mobility has a 1 year low of $0.12 and a 1 year high of $0.59. The business has a 50-day moving average of $0.26 and a two-hundred day moving average of $0.32.

Blade Air Mobility Company Profile

Blade Air Mobility, Inc provides air transportation alternatives to the congested ground routes in the United States. It provides its services through charter and by-the-seat flights using helicopters, jets, turboprops, and amphibious seaplanes. The company was founded in 2014 and is headquartered in New York, New York.