Trailblazer Merger Co. I (NASDAQ:TBMC) Short Interest Update

Trailblazer Merger Co. I (NASDAQ:TBMC) was the recipient of a large decrease in short interest in June. As of June 15th, there was short interest totalling 400 shares, a decrease of 33.3% from the May 31st total of 600 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 15,100 shares, the short-interest ratio is presently 0.0 days.

Trailblazer Merger Co. I Stock Up 0.3 %

Shares of TBMC opened at $10.81 on Friday. Trailblazer Merger Co. I has a 12 month low of $10.18 and a 12 month high of $11.60. The firm’s 50 day moving average is $10.78 and its 200-day moving average is $10.62.

Hedge Funds Weigh In On Trailblazer Merger Co. I

A number of hedge funds have recently added to or reduced their stakes in TBMC. Condor Capital Management bought a new stake in shares of Trailblazer Merger Co. I during the 4th quarter valued at $119,000. TrueMark Investments LLC acquired a new stake in Trailblazer Merger Co. I during the fourth quarter worth about $230,000. Mizuho Securities USA LLC acquired a new stake in Trailblazer Merger Co. I during the first quarter worth about $336,000. Robinson Capital Management LLC increased its holdings in Trailblazer Merger Co. I by 16.5% in the 4th quarter. Robinson Capital Management LLC now owns 38,658 shares of the company’s stock valued at $404,000 after buying an additional 5,470 shares during the period. Finally, Karpus Management Inc. raised its position in shares of Trailblazer Merger Co. I by 18.8% in the 4th quarter. Karpus Management Inc. now owns 132,750 shares of the company’s stock valued at $1,389,000 after buying an additional 21,000 shares in the last quarter. Institutional investors own 77.13% of the company’s stock.

About Trailblazer Merger Co. I

Trailblazer Merger Corporation I does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.