Dynamix Corp III (NASDAQ:DNMXU – Get Free Report) was the recipient of a large decrease in short interest in April. As of April 30th, there was short interest totaling 409 shares, a decrease of 43.2% from the April 15th total of 720 shares. Based on an average daily volume of 2,971 shares, the short-interest ratio is currently 0.1 days.
Institutional Investors Weigh In On Dynamix Corp III
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Lineage Point Capital LP purchased a new stake in shares of Dynamix Corp III in the 4th quarter worth $100,000. T3 Companies LLC bought a new position in Dynamix Corp III in the 4th quarter worth $138,000. Sandia Investment Management LP bought a new position in Dynamix Corp III in the 4th quarter worth $149,000. Quarry LP bought a new position in Dynamix Corp III in the 4th quarter worth $149,000. Finally, OMERS ADMINISTRATION Corp bought a new position in Dynamix Corp III in the 4th quarter worth $158,000.
Dynamix Corp III Stock Down 0.2%
NASDAQ:DNMXU opened at $10.12 on Tuesday. Dynamix Corp III has a one year low of $10.05 and a one year high of $11.00. The business has a fifty day moving average of $10.10.
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.
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