Pegasus Digital Mobility Acquisition Corp. (NYSE:PGSS) Short Interest Update

Pegasus Digital Mobility Acquisition Corp. (NYSE:PGSSGet Free Report) saw a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 500 shares, an increase of 25.0% from the January 31st total of 400 shares. Based on an average trading volume of 16,800 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in PGSS. Virtu Financial LLC acquired a new position in shares of Pegasus Digital Mobility Acquisition during the 4th quarter worth $163,000. Susquehanna International Group LLP raised its stake in Pegasus Digital Mobility Acquisition by 48.9% in the 4th quarter. Susquehanna International Group LLP now owns 19,335 shares of the company’s stock valued at $199,000 after purchasing an additional 6,346 shares during the last quarter. Bulldog Investors LLP acquired a new position in Pegasus Digital Mobility Acquisition in the 2nd quarter valued at about $279,000. Spartan Fund Management Inc. acquired a new position in Pegasus Digital Mobility Acquisition in the 4th quarter valued at about $398,000. Finally, Verition Fund Management LLC raised its stake in Pegasus Digital Mobility Acquisition by 4.6% in the 4th quarter. Verition Fund Management LLC now owns 46,461 shares of the company’s stock valued at $478,000 after purchasing an additional 2,030 shares during the last quarter. Institutional investors and hedge funds own 17.52% of the company’s stock.

Pegasus Digital Mobility Acquisition Price Performance

Pegasus Digital Mobility Acquisition stock traded up $0.06 during midday trading on Monday, reaching $11.25. The company’s stock had a trading volume of 4,211 shares, compared to its average volume of 30,104. Pegasus Digital Mobility Acquisition has a fifty-two week low of $10.32 and a fifty-two week high of $11.26. The stock’s 50 day simple moving average is $11.14 and its 200 day simple moving average is $11.03.

Pegasus Digital Mobility Acquisition Company Profile

(Get Free Report)

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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