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

Blade Air Mobility, Inc. (NASDAQ:BLDEW) saw a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 1,700 shares, a decline of 46.9% from the October 31st total of 3,200 shares. Based on an average daily volume of 62,500 shares, the days-to-cover ratio is currently 0.0 days.

Blade Air Mobility Price Performance

Blade Air Mobility stock traded up $0.03 during trading hours on Friday, hitting $0.52. The stock had a trading volume of 525,682 shares, compared to its average volume of 48,760. The business’s 50 day simple moving average is $0.27 and its 200-day simple moving average is $0.22. Blade Air Mobility has a one year low of $0.07 and a one year high of $0.57.

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.