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Chain Bridge I (NASDAQ:CBRG) Short Interest Down 95.5% in October

Chain Bridge I logo with Unclassified background

Chain Bridge I (NASDAQ:CBRG - Get Free Report) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totalling 100 shares, a decline of 95.5% from the September 30th total of 2,200 shares. Based on an average daily volume of 7,800 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Chain Bridge I Stock Performance

Shares of NASDAQ:CBRG remained flat at $11.39 on Friday. 7 shares of the company's stock were exchanged, compared to its average volume of 8,783. The business has a fifty day simple moving average of $11.30 and a 200-day simple moving average of $11.25. Chain Bridge I has a 52 week low of $10.77 and a 52 week high of $12.49.

About Chain Bridge I

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Chain Bridge I does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It also intends to focus on partnering with a technology company that will advance the United States national security and intelligence interests.

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