Short Interest in Blade Air Mobility, Inc. (NASDAQ:BLDEW) Expands By 152.3%

Blade Air Mobility, Inc. (NASDAQ:BLDEW) saw a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 38,100 shares, an increase of 152.3% from the January 31st total of 15,100 shares. Based on an average daily trading volume, of 103,100 shares, the days-to-cover ratio is currently 0.4 days.

Blade Air Mobility Stock Performance

Blade Air Mobility stock opened at $0.30 on Friday. The stock’s 50 day simple moving average is $0.38 and its two-hundred day simple moving average is $0.31. Blade Air Mobility has a 12 month low of $0.09 and a 12 month high of $0.59.

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.