Insight Digital Partners II (NASDAQ:DYORW – Get Free Report) was the target of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 1,201 shares, a decline of 40.0% from the April 15th total of 2,001 shares. Based on an average daily trading volume, of 5,515 shares, the short-interest ratio is presently 0.2 days.
Insight Digital Partners II Stock Performance
Shares of NASDAQ:DYORW remained flat at $0.30 during midday trading on Monday. 773 shares of the company were exchanged, compared to its average volume of 30,412. The firm has a 50 day moving average price of $0.30. Insight Digital Partners II has a fifty-two week low of $0.28 and a fifty-two week high of $0.38.
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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