dMY Technology Group, Inc. II (NYSE:DMYD) shares, dropped in value on Wednesday, Jan 13, with the stock price down by -6.35% to the previous day’s close as weak demand from buyers trailed the stock to $15.92.
Actively observing the price movement in the last trading, the stock closed the session at $17, falling within a range of $15.80 and $17.15. The value of beta (5-year monthly) was 0 whereas the PE ratio was 0 over 12-month period. Referring to stock’s 52-week performance, its high was $17.89, and the low was $9.8. On the whole, DMYD has fluctuated by 22.65% over the past month.
Data on historical trading for dMY Technology Group, Inc. II (NYSE:DMYD) indicates that the trading volumes over the past 10 days have averaged 1.2 Million and over the past 3 months, they’ve averaged 1.3 Million. According to company’s latest data on outstanding shares, there are 27.6 Million shares outstanding.
Nearly 0% of dMY Technology Group, Inc. II’s shares belong to company insiders and institutional investors own 7.32% of the company’s shares, according to Thomson Reuters’ data. The data on short interest also indicates that stock shorts accounted for 1.5 Million shares as on December 30, 2020, resulting in a short ratio of 0.65. According to the data, the short interest in dMY Technology Group, Inc. II (DMYD) stood at 4.35% of shares outstanding as of December 30, 2020; the number of short shares registered in November reached 263.36 Million. The stock has fallen by -9.49% since the beginning of the year, thereby showing the risk of a further decline. This could cause investors’ confidence to be optimistic about the DMYD stock heading into the next quarter.
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