Pegasus Digital Mobility Acquisition Corp. (NYSE:PGSS – Get Rating) was the target of a significant increase in short interest in October. As of October 31st, there was short interest totalling 1,000 shares, an increase of 100.0% from the October 15th total of 500 shares. Based on an average daily volume of 36,700 shares, the days-to-cover ratio is presently 0.0 days.

Pegasus Digital Mobility Acquisition Stock Performance

PGSS stock remained flat at $10.12 during midday trading on Friday. The business has a 50 day simple moving average of $10.07 and a 200 day simple moving average of $9.99. Pegasus Digital Mobility Acquisition has a 52-week low of $9.70 and a 52-week high of $10.17.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Pegasus Digital Mobility Acquisition stock. Millennium Management LLC grew its holdings in shares of Pegasus Digital Mobility Acquisition Corp. (NYSE:PGSS – Get Rating) by 93.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 288,798 shares of the company's stock after acquiring an additional 139,841 shares during the quarter. Millennium Management LLC owned 1.03% of Pegasus Digital Mobility Acquisition worth $2,871,000 at the end of the most recent quarter. 53.05% 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.

Recommended Stories

• Get a free copy of the StockNews.com research report on Pegasus Digital Mobility Acquisition (PGSS)
• MarketBeat: Week in Review 11/7 – 11/11
• Oil Is a Compelling Reason The Sell-Off In Stocks Isn't Over
• Is Mid-Cap Neurocrine Biosciences A Buy After Blowout Q3 Report?
• Six Flags is a Ride You Don't Want to Get Stuck On
• Vision Hydrogen, Now Vision Energy, Puts Hopes In Stock Split

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