Bitcoin Infrastructure Acquisition Corp Ltd. Unit (NASDAQ:BIXIU) Short Interest Down 90.4% in May

Bitcoin Infrastructure Acquisition Corp Ltd. Unit (NASDAQ:BIXIUGet Free Report) was the target of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 99 shares, a decrease of 90.4% from the April 30th total of 1,026 shares. Based on an average daily volume of 145 shares, the days-to-cover ratio is presently 0.7 days.

Bitcoin Infrastructure Acquisition Corp Ltd. Unit Trading Up 0.4%

Shares of NASDAQ BIXIU traded up $0.04 during mid-day trading on Friday, reaching $10.16. 103 shares of the company’s stock were exchanged, compared to its average volume of 11,032. Bitcoin Infrastructure Acquisition Corp Ltd. Unit has a 52-week low of $9.94 and a 52-week high of $10.50. The stock’s 50-day moving average is $10.07.

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