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

Blade Air Mobility, Inc. (NASDAQ:BLDEWGet Free Report) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 3,900 shares, an increase of 387.5% from the December 15th total of 800 shares. Based on an average trading volume of 99,100 shares, the days-to-cover ratio is currently 0.0 days.

Blade Air Mobility Stock Up 7.8 %

Shares of BLDEW stock traded up $0.02 on Tuesday, hitting $0.35. 3,150 shares of the stock were exchanged, compared to its average volume of 122,225. Blade Air Mobility has a one year low of $0.07 and a one year high of $0.59. The firm’s 50 day moving average is $0.39 and its two-hundred day moving average is $0.27.

About Blade Air Mobility

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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.

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