Blade Air Mobility, Inc. (NASDAQ:BLDEW) Short Interest Down 56.5% in May

Blade Air Mobility, Inc. (NASDAQ:BLDEW) was the recipient of a significant decrease in short interest in May. As of May 31st, there was short interest totalling 3,700 shares, a decrease of 56.5% from the May 15th total of 8,500 shares. Based on an average trading volume of 37,400 shares, the days-to-cover ratio is presently 0.1 days.

Blade Air Mobility Stock Performance

Blade Air Mobility stock traded down $0.01 during mid-day trading on Friday, hitting $0.17. 1,802 shares of the company were exchanged, compared to its average volume of 30,911. The business has a fifty day moving average of $0.26 and a 200 day moving average of $0.24. Blade Air Mobility has a 1-year low of $0.07 and a 1-year high of $0.85.

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.