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

Trailblazer Merger Co. I (NASDAQ:TBMC) was the target of a significant 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. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 18,500 shares, the days-to-cover ratio is currently 0.0 days.

Trailblazer Merger Co. I Trading Up 0.1 %

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

Institutional Investors Weigh In On Trailblazer Merger Co. I

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Schechter Investment Advisors LLC increased its holdings in Trailblazer Merger Co. I by 94.4% in the fourth quarter. Schechter Investment Advisors LLC now owns 452,251 shares of the company’s stock valued at $4,731,000 after purchasing an additional 219,651 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in Trailblazer Merger Co. I by 13.8% in the third quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 233,696 shares of the company’s stock valued at $2,414,000 after acquiring an additional 28,354 shares during the period. Cowen AND Company LLC grew its stake in Trailblazer Merger Co. I by 706.9% in the third quarter. Cowen AND Company LLC now owns 188,854 shares of the company’s stock valued at $1,951,000 after acquiring an additional 165,450 shares during the period. Deltec Asset Management LLC grew its stake in Trailblazer Merger Co. I by 46.7% in the third quarter. Deltec Asset Management LLC now owns 110,000 shares of the company’s stock valued at $1,136,000 after acquiring an additional 35,000 shares during the period. Finally, Wealthspring Capital LLC grew its stake in Trailblazer Merger Co. I by 91.9% in the fourth quarter. Wealthspring Capital LLC now owns 192,130 shares of the company’s stock valued at $2,010,000 after acquiring an additional 92,030 shares during the period. 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.