Blade Air Mobility, Inc. (NASDAQ:BLDEW) Short Interest Up 82.2% in April

Blade Air Mobility, Inc. (NASDAQ:BLDEW) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 8,200 shares, an increase of 82.2% from the March 31st total of 4,500 shares. Based on an average daily volume of 33,700 shares, the days-to-cover ratio is presently 0.2 days.

Blade Air Mobility Price Performance

BLDEW opened at $0.19 on Thursday. Blade Air Mobility has a fifty-two week low of $0.12 and a fifty-two week high of $0.59. The company’s 50 day moving average price is $0.22 and its two-hundred day moving average price is $0.31.

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.