Yes, There are other shortcuts that you can use which are given below. In your command, ~d0 would mean the drive letter of the 0th argument.
~ expands the given variable
d gets the drive letter only
0 is the argument you are referencing
As the 0th argument is the script path, it gets the drive letter of the path for you. You can use the following shortcuts too.
%~1 - expands %1 removing any surrounding quotes (")
%~f1 - expands %1 to a fully qualified path name
%~d1 - expands %1 to a drive letter only
%~p1 - expands %1 to a path only
%~n1 - expands %1 to a file name only
%~x1 - expands %1 to a file extension only
%~s1 - expanded path contains short names only
%~a1 - expands %1 to file attributes
%~t1 - expands %1 to date/time of file
%~z1 - expands %1 to size of file
%~$PATH:1 - searches the directories listed in the PATH
environment variable and expands %1 to the fully
qualified name of the first one found. If the
environment variable name is not defined or the
file is not found by the search, then this
modifier expands to the empty string
%~dp1 - expands %1 to a drive letter and path only
%~nx1 - expands %1 to a file name and extension only
%~dp$PATH:1 - searches the directories listed in the PATH
environment variable for %1 and expands to the
drive letter and path of the first one found.
%~ftza1 - expands %1 to a DIR like output line
This can be also found directly in command prompt when you run CALL /? or FOR /?