Power & Digital Infrastructure Acquisition II Corp. (NASDAQ:XPDB – Get Rating) was the recipient of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 11,600 shares, an increase of 17.2% from the October 15th total of 9,900 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 94,200 shares, the short-interest ratio is presently 0.1 days.
Hedge Funds Weigh In On Power & Digital Infrastructure Acquisition II
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Wolverine Asset Management LLC bought a new position in Power & Digital Infrastructure Acquisition II during the second quarter valued at approximately $51,000. Verition Fund Management LLC bought a new position in Power & Digital Infrastructure Acquisition II during the first quarter valued at approximately $115,000. Virtu Financial LLC bought a new position in Power & Digital Infrastructure Acquisition II during the second quarter valued at approximately $319,000. CSS LLC IL boosted its stake in Power & Digital Infrastructure Acquisition II by 10.0% during the second quarter. CSS LLC IL now owns 422,545 shares of the company's stock valued at $4,149,000 after buying an additional 38,378 shares during the last quarter. Finally, Cubist Systematic Strategies LLC bought a new position in Power & Digital Infrastructure Acquisition II during the second quarter valued at approximately $386,000.
Get Power & Digital Infrastructure Acquisition II alerts:Power & Digital Infrastructure Acquisition II Stock Down 0.3 %
NASDAQ XPDB opened at $9.95 on Monday. The business has a 50-day moving average price of $9.89 and a 200-day moving average price of $9.85. Power & Digital Infrastructure Acquisition II has a twelve month low of $9.70 and a twelve month high of $10.47.
About Power & Digital Infrastructure Acquisition II
(Get Rating)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.
See Also
- Get a free copy of the StockNews.com research report on Power & Digital Infrastructure Acquisition II (XPDB)
- Walt Disney Stock is Set to Reset Expectations
- Solar Battery Maker Enphase Clears Buy Point: Can Rally Hold?
- S&P 500 Component DexCom Set For Further Price, Earnings Growth
- MarketBeat: Week in Review 11/7 – 11/11
- Oil Is a Compelling Reason The Sell-Off In Stocks Isn't Over
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.