Trailblazer Merger Corporation I (NASDAQ:TBMC) Short Interest Update

Trailblazer Merger Corporation I (NASDAQ:TBMC) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 12,200 shares, anincreaseof48.8% from the June 30th total of 8,200 shares. Approximately0.7% of the company’s shares are sold short. Based on an average daily trading volume, of 34,000 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 34,000 shares, the days-to-cover ratio is currently 0.4 days. Approximately0.7% of the company’s shares are sold short.

Institutional Trading of Trailblazer Merger Corporation I

Several institutional investors and hedge funds have recently made changes to their positions in TBMC. Toronto Dominion Bank bought a new stake in shares of Trailblazer Merger Corporation I in the fourth quarter valued at about $2,671,000. Boothbay Fund Management LLC purchased a new position in Trailblazer Merger Corporation I in the fourth quarter worth $2,482,000. Harraden Circle Investments LLC acquired a new position in Trailblazer Merger Corporation I during the 4th quarter valued at about $2,426,000. Wolverine Asset Management LLC grew its position in Trailblazer Merger Corporation I by 11.3% during the 1st quarter. Wolverine Asset Management LLC now owns 146,259 shares of the company’s stock worth $1,647,000 after purchasing an additional 14,851 shares during the last quarter. Finally, Mizuho Securities USA LLC raised its stake in shares of Trailblazer Merger Corporation I by 1.5% in the first quarter. Mizuho Securities USA LLC now owns 83,366 shares of the company’s stock worth $934,000 after purchasing an additional 1,201 shares during the last quarter. 77.13% of the stock is currently owned by institutional investors.

Trailblazer Merger Corporation I Trading Down 0.2%

Shares of NASDAQ TBMC opened at $11.56 on Thursday. The business’s 50 day moving average price is $11.66 and its 200-day moving average price is $11.49. Trailblazer Merger Corporation I has a fifty-two week low of $10.83 and a fifty-two week high of $12.89.

About Trailblazer Merger Corporation I

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.