Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSA) Short Interest Down 7.5% in September

Blockchain Coinvestors Acquisition Corp. I (NASDAQ:BCSA) was the recipient of a significant drop in short interest in the month of September. As of September 15th, there was short interest totalling 4,900 shares, a drop of 7.5% from the August 31st total of 5,300 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 6,500 shares, the short-interest ratio is currently 0.8 days.

Institutional Investors Weigh In On Blockchain Coinvestors Acquisition Corp. I

A number of hedge funds have recently made changes to their positions in BCSA. Tuttle Capital Management LLC acquired a new stake in Blockchain Coinvestors Acquisition Corp. I in the 1st quarter valued at approximately $222,000. Virtu Financial LLC acquired a new position in shares of Blockchain Coinvestors Acquisition Corp. I during the fourth quarter valued at $233,000. Clear Street LLC increased its holdings in shares of Blockchain Coinvestors Acquisition Corp. I by 69.2% during the second quarter. Clear Street LLC now owns 54,999 shares of the company’s stock valued at $615,000 after purchasing an additional 22,492 shares during the period. Quarry LP bought a new stake in shares of Blockchain Coinvestors Acquisition Corp. I during the second quarter valued at about $833,000. Finally, K2 Principal Fund L.P. acquired a new stake in Blockchain Coinvestors Acquisition Corp. I in the fourth quarter worth about $1,131,000. Institutional investors own 14.47% of the company’s stock.

Blockchain Coinvestors Acquisition Corp. I Trading Up 1.8 %

NASDAQ:BCSA traded up $0.20 during mid-day trading on Monday, hitting $11.44. The stock had a trading volume of 27,832 shares, compared to its average volume of 21,591. The company has a 50 day simple moving average of $11.21 and a 200-day simple moving average of $11.17. Blockchain Coinvestors Acquisition Corp. I has a 52 week low of $10.70 and a 52 week high of $11.88.

About Blockchain Coinvestors Acquisition Corp. I

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.