Lombard Odier Asset Management USA Corp Acquires New Shares in Power & Digital Infrastructure Acquisition Corp. (OTCMKTS:XPDIU)

Lombard Odier Asset Management USA Corp acquired a new stake in Power & Digital Infrastructure Acquisition Corp. (OTCMKTS:XPDIU) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 150,000 shares of the company’s stock, valued at approximately $1,508,000.

Several other hedge funds have also recently added to or reduced their stakes in the stock. D. E. Shaw & Co. Inc. purchased a new position in Power & Digital Infrastructure Acquisition in the first quarter valued at about $749,000. Fir Tree Capital Management LP purchased a new stake in Power & Digital Infrastructure Acquisition during the 1st quarter worth approximately $759,000. Blackstone Group Inc. purchased a new position in shares of Power & Digital Infrastructure Acquisition during the first quarter worth $2,513,000. Alyeska Investment Group L.P. purchased a new position in shares of Power & Digital Infrastructure Acquisition during the first quarter worth $1,508,000. Finally, Davidson Kempner Capital Management LP purchased a new position in shares of Power & Digital Infrastructure Acquisition during the first quarter worth $3,015,000.

Shares of Power & Digital Infrastructure Acquisition stock traded up $0.23 during trading on Thursday, hitting $10.34. 1,671,857 shares of the company’s stock were exchanged, compared to its average volume of 118,509. The firm’s 50-day simple moving average is $10.12. Power & Digital Infrastructure Acquisition Corp. has a 52-week low of $9.88 and a 52-week high of $12.47.

Power & Digital Infrastructure Acquisition Company Profile

Power & Digital Infrastructure Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2020 and is based in Chicago, Illinois.

Recommended Story: Are sell-side analysts objective?

Want to see what other hedge funds are holding XPDIU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Power & Digital Infrastructure Acquisition Corp. (OTCMKTS:XPDIU).

Institutional Ownership by Quarter for Power & Digital Infrastructure Acquisition (OTCMKTS:XPDIU)

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