Castle Creek Arbitrage LLC Invests $4.02 Million in Power & Digital Infrastructure Acquisition Corp. (OTCMKTS:XPDIU)

Castle Creek Arbitrage LLC acquired a new position in shares of Power & Digital Infrastructure Acquisition Corp. (OTCMKTS:XPDIU) in the 1st quarter, Holdings Channel.com reports. The fund acquired 400,000 shares of the company’s stock, valued at approximately $4,020,000.

Several other hedge funds also recently modified their holdings of the company. UBS Group AG bought a new stake in shares of Power & Digital Infrastructure Acquisition during the first quarter worth $26,000. Easterly Investment Partners LLC bought a new stake in shares of Power & Digital Infrastructure Acquisition during the first quarter worth $101,000. Vivaldi Capital Management LLC bought a new stake in shares of Power & Digital Infrastructure Acquisition during the first quarter worth $151,000. Ergoteles LLC bought a new stake in shares of Power & Digital Infrastructure Acquisition during the first quarter worth $176,000. Finally, Weiss Multi Strategy Advisers LLC bought a new stake in shares of Power & Digital Infrastructure Acquisition during the first quarter worth $193,000.

Shares of XPDIU stock traded up $0.23 during trading hours on Thursday, hitting $10.34. 1,671,857 shares of the company were exchanged, compared to its average volume of 118,509. The company has a 50 day moving average of $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.

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

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