Power & Digital Infrastructure Acquisition II Corp. (NASDAQ:XPDB – Get Rating) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totalling 20,200 shares, a growth of 32.9% from the November 30th total of 15,200 shares. Approximately 0.1% of the company's stock are short sold. Based on an average daily volume of 99,000 shares, the days-to-cover ratio is currently 0.2 days.

Power & Digital Infrastructure Acquisition II Price Performance

Power & Digital Infrastructure Acquisition II stock opened at $10.05 on Friday. Power & Digital Infrastructure Acquisition II has a 1-year low of $9.70 and a 1-year high of $10.47. The business has a fifty day moving average price of $9.97 and a 200-day moving average price of $9.89.

Institutional Trading of Power & Digital Infrastructure Acquisition II

A number of institutional investors have recently made changes to their positions in the business. Cantor Fitzgerald L. P. acquired a new stake in shares of Power & Digital Infrastructure Acquisition II in the 3rd quarter worth $1,656,000. Shaolin Capital Management LLC lifted its position in Power & Digital Infrastructure Acquisition II by 75.5% during the 3rd quarter. Shaolin Capital Management LLC now owns 873,858 shares of the company's stock worth $8,669,000 after acquiring an additional 376,039 shares during the period. Exos TFP Holdings LLC acquired a new stake in Power & Digital Infrastructure Acquisition II during the 3rd quarter worth about $679,000. Verition Fund Management LLC lifted its position in Power & Digital Infrastructure Acquisition II by 1,417.1% during the 2nd quarter. Verition Fund Management LLC now owns 179,017 shares of the company's stock worth $1,762,000 after acquiring an additional 167,217 shares during the period. Finally, Parallax Volatility Advisers L.P. acquired a new stake in Power & Digital Infrastructure Acquisition II during the 2nd quarter worth about $4,573,000. Institutional investors and hedge funds own 70.62% of the company's stock.

About Power & Digital Infrastructure Acquisition II

Power & Digital Infrastructure Acquisition II Corp. 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 or entities in the renewable and transition energy sector in North America.

Further Reading

• Get a free copy of the StockNews.com research report on Power & Digital Infrastructure Acquisition II (XPDB)
• Should You Warm up to Generac Stock for the Winter?
• Is Kintara Therapeutics A Hidden Gem?
• 3 High-Yield Dividend Stocks to Hold for the Long Haul
• Cal-Maine Posts Record Quarter, Remain CALM Income Investors
• Tesla Stock: What the Bulls and the Bears Are Getting Wrong

Receive News & Ratings for Power & Digital Infrastructure Acquisition II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Power & Digital Infrastructure Acquisition II and related companies with MarketBeat.com's FREE daily email newsletter.