Global Blockchain Acquisition Corp. (NASDAQ:GBBKW) Sees Significant Decrease in Short Interest

Global Blockchain Acquisition Corp. (NASDAQ:GBBKW) was the target of a large decline in short interest in January. As of January 31st, there was short interest totalling 76,900 shares, a decline of 9.6% from the January 15th total of 85,100 shares. Based on an average trading volume of 64,700 shares, the days-to-cover ratio is currently 1.2 days.

Global Blockchain Acquisition Stock Performance

Shares of GBBKW opened at $0.06 on Wednesday. Global Blockchain Acquisition has a 12 month low of $0.01 and a 12 month high of $0.09. The stock’s 50-day moving average is $0.05 and its two-hundred day moving average is $0.03.

Global Blockchain Acquisition Company Profile

Global Blockchain Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company intends to pursue targets that are focused on blockchain infrastructure, blockchain applications, and related technologies.