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

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

Blade Air Mobility Price Performance

BLDEW stock traded up $0.01 during trading on Monday, reaching $0.18. 2,370 shares of the stock were exchanged, compared to its average volume of 56,877. The business has a 50 day moving average price of $0.27 and a 200-day moving average price of $0.32. Blade Air Mobility has a 1 year low of $0.12 and a 1 year high of $0.59.

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.