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

Trailblazer Merger Co. I (NASDAQ:TBMC) saw a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 500 shares, a decline of 44.4% from the March 31st total of 900 shares. Based on an average trading volume of 18,500 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Trailblazer Merger Co. I Trading Up 0.1 %

TBMC stock traded up $0.01 during trading on Friday, reaching $10.75. 25,002 shares of the company’s stock were exchanged, compared to its average volume of 16,880. Trailblazer Merger Co. I has a 1-year low of $10.08 and a 1-year high of $10.99. The company’s fifty day moving average price is $10.61 and its 200-day moving average price is $10.49.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in TBMC. Deltec Asset Management LLC boosted its position in Trailblazer Merger Co. I by 46.7% during the 3rd quarter. Deltec Asset Management LLC now owns 110,000 shares of the company’s stock worth $1,136,000 after acquiring an additional 35,000 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of 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 buying an additional 28,354 shares during the period. Cowen AND Company LLC lifted its holdings in shares of 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 buying an additional 165,450 shares during the period. TrueMark Investments LLC acquired a new stake in shares of Trailblazer Merger Co. I in the fourth quarter valued at $230,000. Finally, Wealthspring Capital LLC lifted its holdings in shares of 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 buying an additional 92,030 shares during the period. Institutional investors and hedge funds own 77.13% of the company’s stock.

About Trailblazer Merger Co. I

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.