Dynamix Corp III (NASDAQ:DNMXW) Short Interest Down 59.4% in June

Dynamix Corp III (NASDAQ:DNMXW) was the target of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 9,005 shares, a decrease of 59.4% from the June 15th total of 22,169 shares. Based on an average daily trading volume, of 16,033 shares, the short-interest ratio is currently 0.6 days.

Dynamix Corp III Trading Down 11.0%

DNMXW traded down $0.03 during trading on Tuesday, hitting $0.27. The company’s stock had a trading volume of 2,500 shares, compared to its average volume of 29,179. The stock has a 50 day moving average price of $0.31. Dynamix Corp III has a one year low of $0.25 and a one year high of $0.45.

Hedge Funds Weigh In On Dynamix Corp III

Institutional investors have recently bought and sold shares of the stock. Aristeia Capital L.L.C. purchased a new position in Dynamix Corp III during the fourth quarter valued at $52,000. Hudson Bay Capital Management LP bought a new stake in Dynamix Corp III during the fourth quarter valued at about $36,000. Toronto Dominion Bank purchased a new stake in Dynamix Corp III in the fourth quarter worth about $35,000. Berkley W R Corp purchased a new stake in Dynamix Corp III in the fourth quarter worth about $27,000. Finally, Weiss Asset Management LP bought a new position in shares of Dynamix Corp III in the fourth quarter worth about $26,000.

About Dynamix Corp III

We are a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.