Power & Digital Infrastructure Acquisition II Corp. (NASDAQ:XPDB – Get Rating) saw a significant increase in short interest in October. As of October 15th, there was short interest totalling 9,900 shares, an increase of 421.1% from the September 30th total of 1,900 shares. Based on an average daily trading volume, of 49,900 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company's stock are short sold.

Power & Digital Infrastructure Acquisition II Stock Performance

NASDAQ XPDB opened at $9.96 on Thursday. The stock's 50-day moving average is $9.87 and its two-hundred day moving average is $9.85. Power & Digital Infrastructure Acquisition II has a fifty-two week low of $9.70 and a fifty-two week high of $10.47.

Institutional Investors Weigh In On Power & Digital Infrastructure Acquisition II

Hedge funds and other institutional investors have recently made changes to their positions in the business. Wolverine Asset Management LLC acquired a new stake in shares of Power & Digital Infrastructure Acquisition II in the second quarter valued at about $51,000. Verition Fund Management LLC acquired a new stake in Power & Digital Infrastructure Acquisition II during the first quarter worth about $115,000. Virtu Financial LLC acquired a new stake in Power & Digital Infrastructure Acquisition II during the second quarter valued at approximately $319,000. Cubist Systematic Strategies LLC acquired a new stake in Power & Digital Infrastructure Acquisition II during the second quarter valued at approximately $386,000. Finally, OMERS ADMINISTRATION Corp acquired a new stake in Power & Digital Infrastructure Acquisition II during the first quarter valued at approximately $489,000.

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.

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