Short Interest in Blade Air Mobility, Inc. (NASDAQ:BLDEW) Declines By 94.9%

Blade Air Mobility, Inc. (NASDAQ:BLDEW) was the recipient of a large drop in short interest in December. As of December 15th, there was short interest totalling 800 shares, a drop of 94.9% from the November 30th total of 15,700 shares. Based on an average daily trading volume, of 95,200 shares, the days-to-cover ratio is presently 0.0 days.

Blade Air Mobility Stock Performance

Shares of NASDAQ BLDEW traded down $0.03 during midday trading on Friday, hitting $0.43. The stock had a trading volume of 47,387 shares, compared to its average volume of 53,487. The stock has a 50 day simple moving average of $0.36 and a 200-day simple moving average of $0.25. Blade Air Mobility has a 1 year low of $0.07 and a 1 year 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.