Dynamix Corp III (NASDAQ:DNMXW) Sees Large Increase in Short Interest

Dynamix Corp III (NASDAQ:DNMXW) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totaling 21,797 shares, a growth of 77.7% from the April 15th total of 12,269 shares. Based on an average trading volume of 13,619 shares, the days-to-cover ratio is presently 1.6 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Berkley W R Corp purchased a new position in Dynamix Corp III in the fourth quarter worth $27,000. Governors Lane LP purchased a new position in Dynamix Corp III in the fourth quarter worth $26,000. Weiss Asset Management LP purchased a new position in Dynamix Corp III in the fourth quarter worth $26,000. K2 Principal Fund L.P. purchased a new position in Dynamix Corp III in the fourth quarter worth $35,000. Finally, Toronto Dominion Bank purchased a new position in Dynamix Corp III in the fourth quarter worth $35,000.

Dynamix Corp III Price Performance

NASDAQ:DNMXW opened at $0.33 on Monday. The business has a fifty day simple moving average of $0.31. Dynamix Corp III has a 1 year low of $0.26 and a 1 year high of $0.45.

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.