Global Blockchain Acquisition Corp. (NASDAQ:GBBK) Sees Significant Increase in Short Interest

Global Blockchain Acquisition Corp. (NASDAQ:GBBK) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 4,000 shares, a growth of 5.3% from the December 15th total of 3,800 shares. Based on an average trading volume of 6,500 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.4% of the company’s stock are sold short.

Global Blockchain Acquisition Trading Down 0.1 %

NASDAQ GBBK opened at $11.24 on Tuesday. The company has a fifty day moving average price of $11.12 and a 200-day moving average price of $11.07. Global Blockchain Acquisition has a 1 year low of $10.61 and a 1 year high of $12.00.

Global Blockchain Acquisition Company Profile

Global Blockchain Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to pursue targets that are focused on blockchain infrastructure, blockchain applications, and related technologies.