Insight Digital Partners II (NASDAQ:DYORW – Get Free Report) was the recipient of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 1,201 shares, a decrease of 40.0% from the April 15th total of 2,001 shares. Based on an average daily volume of 5,515 shares, the days-to-cover ratio is currently 0.2 days.
Insight Digital Partners II Stock Performance
Shares of NASDAQ:DYORW remained flat at $0.30 during trading on Friday. 6,500 shares of the stock were exchanged, compared to its average volume of 31,153. Insight Digital Partners II has a 12 month low of $0.28 and a 12 month high of $0.38. The business has a 50 day simple moving average of $0.30.
Insight Digital Partners II Company Profile
Insight Digital Partners II is a publicly traded special purpose acquisition company (SPAC) that completed an initial public offering and has publicly traded warrants quoted under the symbol DYORW. As a blank‑check vehicle, the company’s principal purpose is to raise capital through the public markets and use those proceeds to effect a business combination with one or more operating companies.
The company’s primary activities center on identifying, negotiating and consummating a merger, acquisition or other form of business combination.
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