Global Blockchain Acquisition Corp. (NASDAQ:GBBKW) Short Interest Up 22.0% in February

Global Blockchain Acquisition Corp. (NASDAQ:GBBKW) saw a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 102,100 shares, an increase of 22.0% from the February 13th total of 83,700 shares. Based on an average trading volume of 31,000 shares, the days-to-cover ratio is currently 3.3 days.

Global Blockchain Acquisition Stock Performance

Shares of NASDAQ GBBKW opened at $0.04 on Thursday. Global Blockchain Acquisition has a 52-week low of $0.01 and a 52-week high of $0.09. The company’s 50 day moving average price is $0.05 and its 200-day moving average price is $0.04.

About Global Blockchain Acquisition

Global Blockchain Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company intends to pursue targets that are focused on blockchain infrastructure, blockchain applications, and related technologies.