Pegasus Digital Mobility Acquisition Corp. (NYSE:PGSS – Get Rating) was the recipient of a large decrease in short interest in December. As of December 30th, there was short interest totalling 400 shares, a decrease of 33.3% from the December 15th total of 600 shares. Based on an average daily volume of 29,200 shares, the short-interest ratio is currently 0.0 days.
Pegasus Digital Mobility Acquisition Stock Performance
NYSE:PGSS opened at $10.25 on Wednesday. The business has a fifty day moving average price of $10.21 and a 200-day moving average price of $10.09. Pegasus Digital Mobility Acquisition has a one year low of $9.79 and a one year high of $10.77.
Get Pegasus Digital Mobility Acquisition alerts:Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of PGSS. Millennium Management LLC boosted its holdings in Pegasus Digital Mobility Acquisition by 93.9% in the 2nd quarter. Millennium Management LLC now owns 288,798 shares of the company's stock worth $2,871,000 after buying an additional 139,841 shares during the period. Verition Fund Management LLC bought a new position in shares of Pegasus Digital Mobility Acquisition during the 2nd quarter valued at about $442,000. Glazer Capital LLC boosted its holdings in shares of Pegasus Digital Mobility Acquisition by 2.9% during the 3rd quarter. Glazer Capital LLC now owns 658,350 shares of the company's stock valued at $6,610,000 after purchasing an additional 18,400 shares during the last quarter. Saba Capital Management L.P. boosted its holdings in shares of Pegasus Digital Mobility Acquisition by 45.8% during the 3rd quarter. Saba Capital Management L.P. now owns 1,591,489 shares of the company's stock valued at $15,994,000 after purchasing an additional 500,000 shares during the last quarter. Finally, Weiss Asset Management LP purchased a new stake in shares of Pegasus Digital Mobility Acquisition during the 3rd quarter valued at about $5,276,000. Institutional investors own 70.68% of the company's stock.
Pegasus Digital Mobility Acquisition Company Profile
(Get Rating)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.
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