Short Interest in Blade Air Mobility, Inc. (NASDAQ:BLDEW) Declines By 29.6%

by · The Markets Daily

Blade Air Mobility, Inc. (NASDAQ:BLDEW – Get Free Report) was the recipient of a significant decline in short interest in the month of September. As of September 30th, there was short interest totalling 41,700 shares, a decline of 29.6% from the September 15th total of 59,200 shares. Based on an average daily trading volume, of 61,200 shares, the short-interest ratio is currently 0.7 days.

Blade Air Mobility Stock Down 2.8 %

NASDAQ BLDEW traded down $0.01 during trading on Friday, hitting $0.24. The company had a trading volume of 3,262 shares, compared to its average volume of 40,720. The company’s fifty day moving average is $0.20 and its 200-day moving average is $0.22. Blade Air Mobility has a one year low of $0.07 and a one year high of $0.49.

About Blade Air Mobility

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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.

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