Short Interest in Blue Safari Group Acquisition Corp (NASDAQ:BSGA) Grows By 175.1%

Blue Safari Group Acquisition Corp (NASDAQ:BSGA) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 98,500 shares, a growth of 175.1% from the August 15th total of 35,800 shares. Currently, 2.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 28,000 shares, the days-to-cover ratio is currently 3.5 days.

NASDAQ:BSGA traded up $0.07 during trading hours on Friday, reaching $9.90. 11,045 shares of the company traded hands, compared to its average volume of 29,663. Blue Safari Group Acquisition has a 1-year low of $9.70 and a 1-year high of $10.00.

About Blue Safari Group Acquisition

Blue Safari Group Acquisition Corp. is a blank check company. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or related business combination with one or more businesses. Blue Safari Group Acquisition Corp. is based in Central, Hong Kong.

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