Power & Digital Infrastructure Acquisition II Corp. (NASDAQ:XPDBU – Get Rating) was the target of a large decline in short interest in June. As of June 30th, there was short interest totalling 8,800 shares, a decline of 26.1% from the June 15th total of 11,900 shares. Currently, 0.0% of the company's stock are sold short. Based on an average daily trading volume, of 7,300 shares, the short-interest ratio is presently 1.2 days.
Power & Digital Infrastructure Acquisition II Price Performance
Shares of XPDBU opened at $9.94 on Tuesday. The stock has a 50 day moving average price of $9.97 and a two-hundred day moving average price of $10.04. Power & Digital Infrastructure Acquisition II has a 52 week low of $9.88 and a 52 week high of $11.00.
Get Power & Digital Infrastructure Acquisition II alerts:Hedge Funds Weigh In On Power & Digital Infrastructure Acquisition II
Hedge funds and other institutional investors have recently modified their holdings of the business. Wolverine Asset Management LLC purchased a new position in shares of Power & Digital Infrastructure Acquisition II in the 4th quarter worth approximately $341,000. Castle Creek Arbitrage LLC purchased a new position in Power & Digital Infrastructure Acquisition II in the fourth quarter valued at approximately $496,000. Parallax Volatility Advisers L.P. purchased a new position in Power & Digital Infrastructure Acquisition II in the fourth quarter valued at approximately $509,000. Exos Asset Management LLC purchased a new position in Power & Digital Infrastructure Acquisition II in the fourth quarter valued at approximately $509,000. Finally, CSS LLC IL purchased a new position in Power & Digital Infrastructure Acquisition II in the fourth quarter valued at approximately $928,000.
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.
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