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

Blade Air Mobility, Inc. (NASDAQ:BLDEW) was the recipient of a large 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 daily volume of 99,100 shares, the days-to-cover ratio is presently 0.0 days.

Blade Air Mobility Stock Performance

Shares of NASDAQ:BLDEW traded up $0.07 during midday trading on Wednesday, hitting $0.40. The company’s stock had a trading volume of 210,440 shares, compared to its average volume of 139,549. Blade Air Mobility has a 12-month low of $0.07 and a 12-month high of $0.59. The business’s 50 day simple moving average is $0.40 and its 200 day simple moving average is $0.27.

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.