Trailblazer Merger Co. I (NASDAQ:TBMC) Short Interest Down 44.4% in April

Trailblazer Merger Co. I (NASDAQ:TBMC) saw a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 500 shares, a decrease of 44.4% from the March 31st total of 900 shares. Based on an average daily trading volume, of 18,500 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Trailblazer Merger Co. I Stock Up 0.1 %

Trailblazer Merger Co. I stock traded up $0.01 during trading hours on Friday, reaching $10.75. 25,002 shares of the stock were exchanged, compared to its average volume of 16,880. Trailblazer Merger Co. I has a 52-week low of $10.08 and a 52-week high of $10.99. The firm’s 50 day moving average is $10.61 and its 200 day moving average is $10.49.

Hedge Funds Weigh In On Trailblazer Merger Co. I

Large investors have recently bought and sold shares of the company. Deltec Asset Management LLC grew its stake in shares of Trailblazer Merger Co. I by 46.7% during the 3rd quarter. Deltec Asset Management LLC now owns 110,000 shares of the company’s stock worth $1,136,000 after purchasing an additional 35,000 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in shares of Trailblazer Merger Co. I by 13.8% during the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 233,696 shares of the company’s stock worth $2,414,000 after purchasing an additional 28,354 shares during the period. Cowen AND Company LLC grew its stake in shares of Trailblazer Merger Co. I by 706.9% during the 3rd quarter. Cowen AND Company LLC now owns 188,854 shares of the company’s stock worth $1,951,000 after purchasing an additional 165,450 shares during the period. TrueMark Investments LLC acquired a new position in shares of Trailblazer Merger Co. I during the 4th quarter worth $230,000. Finally, Wealthspring Capital LLC grew its stake in shares of Trailblazer Merger Co. I by 91.9% during the 4th quarter. Wealthspring Capital LLC now owns 192,130 shares of the company’s stock worth $2,010,000 after purchasing an additional 92,030 shares during the period. Hedge funds and other institutional investors own 77.13% of the company’s stock.

Trailblazer Merger Co. I Company Profile

Trailblazer Merger Corporation I does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.