Short Interest in Global Blockchain Acquisition Corp. (NASDAQ:GBBK) Rises By 5.3%

Global Blockchain Acquisition Corp. (NASDAQ:GBBK) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 4,000 shares, an increase of 5.3% from the December 15th total of 3,800 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 6,500 shares, the short-interest ratio is presently 0.6 days.

Global Blockchain Acquisition Price Performance

GBBK traded down $0.02 during midday trading on Friday, reaching $11.24. 80 shares of the company were exchanged, compared to its average volume of 165. Global Blockchain Acquisition has a one year low of $10.61 and a one year high of $12.00. The stock’s 50-day simple moving average is $11.11 and its 200 day simple moving average is $11.07.

About Global Blockchain Acquisition

Global Blockchain Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to pursue targets that are focused on blockchain infrastructure, blockchain applications, and related technologies.