Trailblazer Merger Co. I (NASDAQ:TBMC - Get Free Report) was the target of a significant growth in short interest in February. As of February 28th, there was short interest totalling 4,100 shares, a growth of 127.8% from the February 13th total of 1,800 shares. Based on an average daily trading volume, of 1,900 shares, the days-to-cover ratio is presently 2.2 days. Approximately 0.2% of the shares of the stock are short sold.
Trailblazer Merger Co. I Trading Up 0.5 %
Shares of NASDAQ TBMC opened at $11.31 on Friday. Trailblazer Merger Co. I has a 52 week low of $10.56 and a 52 week high of $11.60. The firm has a 50-day simple moving average of $11.17 and a 200-day simple moving average of $11.09.
Institutional Trading of Trailblazer Merger Co. I
A number of hedge funds have recently bought and sold shares of the business. Quarry LP increased its holdings in shares of Trailblazer Merger Co. I by 51.1% in the third quarter. Quarry LP now owns 8,011 shares of the company's stock valued at $88,000 after purchasing an additional 2,710 shares during the last quarter. Wolverine Asset Management LLC grew its holdings in Trailblazer Merger Co. I by 32,752.0% in the 4th quarter. Wolverine Asset Management LLC now owns 131,408 shares of the company's stock valued at $1,463,000 after buying an additional 131,008 shares in the last quarter. Harraden Circle Investments LLC acquired a new stake in shares of Trailblazer Merger Co. I in the 4th quarter worth $2,426,000. Boothbay Fund Management LLC purchased a new position in shares of Trailblazer Merger Co. I during the 4th quarter worth $2,482,000. Finally, Toronto Dominion Bank acquired a new position in shares of Trailblazer Merger Co. I during the 4th quarter valued at about $2,671,000. Institutional investors and hedge funds own 77.13% of the company's stock.
About Trailblazer Merger Co. I
(
Get Free Report)
Trailblazer Merger Corp. I is a blank check company, which engages in effecting a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization or other similar business combination. The company was founded on November 12, 2021 and is headquartered in New York, NY.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Trailblazer Merger Co. I, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Trailblazer Merger Co. I wasn't on the list.
While Trailblazer Merger Co. I currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
