Pegasus Digital Mobility Acquisition Corp. (NYSE:PGSS – Get Rating) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totalling 6,700 shares, an increase of 415.4% from the June 30th total of 1,300 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 15,300 shares, the short-interest ratio is currently 0.4 days.

Pegasus Digital Mobility Acquisition Stock Up 0.3 %

PGSS stock opened at $9.98 on Thursday. The business's 50-day moving average price is $9.94 and its 200-day moving average price is $9.90. Pegasus Digital Mobility Acquisition has a twelve month low of $9.70 and a twelve month high of $10.17.

Institutional Trading of Pegasus Digital Mobility Acquisition

A hedge fund recently bought a new stake in Pegasus Digital Mobility Acquisition stock. Starboard Value LP bought a new position in Pegasus Digital Mobility Acquisition Corp. (NYSE:PGSS – Get Rating) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 288,600 shares of the company's stock, valued at approximately $2,831,000. Starboard Value LP owned 1.02% of Pegasus Digital Mobility Acquisition at the end of the most recent quarter. 43.33% of the stock is owned by institutional investors.

Pegasus Digital Mobility Acquisition Company Profile

Pegasus Digital Mobility Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or assets. It intends to identify business opportunities in the field of the transportation sector.

Further Reading

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