Short Interest in Blade Air Mobility, Inc. (NASDAQ:BLDEW) Increases By 185.7%

Blade Air Mobility, Inc. (NASDAQ:BLDEW) was the recipient of a large increase in short interest in the month of August. As of August 15th, there was short interest totalling 8,000 shares, an increase of 185.7% from the July 31st total of 2,800 shares. Based on an average daily trading volume, of 44,500 shares, the short-interest ratio is presently 0.2 days.

Blade Air Mobility Price Performance

NASDAQ:BLDEW traded down $0.01 during trading hours on Thursday, hitting $0.22. 11,740 shares of the stock traded hands, compared to its average volume of 38,175. The firm has a 50 day moving average price of $0.18 and a 200 day moving average price of $0.21. Blade Air Mobility has a fifty-two week low of $0.07 and a fifty-two week high of $0.49.

About Blade Air Mobility

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.