Power & Digital Infrastructure Acquisition II Corp. (NASDAQ:XPDB – Get Rating) was the target of a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 51,200 shares, a growth of 80.9% from the January 31st total of 28,300 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 114,600 shares, the days-to-cover ratio is currently 0.4 days.

Power & Digital Infrastructure Acquisition II Trading Up 0.3 %

Shares of XPDB stock opened at $10.22 on Wednesday. Power & Digital Infrastructure Acquisition II has a 1-year low of $9.75 and a 1-year high of $10.65. The stock's fifty day simple moving average is $10.13 and its 200-day simple moving average is $9.99.

Institutional Trading of Power & Digital Infrastructure Acquisition II

A number of institutional investors and hedge funds have recently made changes to their positions in XPDB. Millennium Management LLC lifted its position in shares of Power & Digital Infrastructure Acquisition II by 0.5% during the 4th quarter. Millennium Management LLC now owns 575,544 shares of the company's stock worth $5,796,000 after purchasing an additional 3,000 shares during the last quarter. Wolverine Asset Management LLC acquired a new position in Power & Digital Infrastructure Acquisition II during the 2nd quarter worth $51,000. Elequin Securities LLC acquired a new position in Power & Digital Infrastructure Acquisition II during the 4th quarter worth $66,000. Jane Street Group LLC lifted its stake in shares of Power & Digital Infrastructure Acquisition II by 62.4% in the 4th quarter. Jane Street Group LLC now owns 19,892 shares of the company's stock valued at $200,000 after purchasing an additional 7,642 shares during the period. Finally, Verition Fund Management LLC acquired a new position in shares of Power & Digital Infrastructure Acquisition II in the 1st quarter valued at $115,000. Institutional investors and hedge funds own 70.62% of the company's stock.

Power & Digital Infrastructure Acquisition II Company Profile

(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.

Recommended Stories

• Get a free copy of the StockNews.com research report on Power & Digital Infrastructure Acquisition II (XPDB)
• Will Q4 Results Send Zoom Video Stock Higher?
• Is Amazon a Blue Chip Stock?
• Occidental Petroleum Pulls Back To The Sweet Spot
• Should You Take a Cruise in Royal Caribbean Stock?
• Is Target Stock Aiming For A Breakout In 2023?

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.