Dynamix Corp III (NASDAQ:DNMXU – Get Free Report) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 144 shares, an increase of ∞ from the July 15th total of 0 shares. Based on an average daily volume of 702 shares, the short-interest ratio is presently 0.2 days.
Hedge Funds Weigh In On Dynamix Corp III
Hedge funds and other institutional investors have recently made changes to their positions in the stock. ABC Arbitrage SA bought a new stake in Dynamix Corp III in the fourth quarter valued at approximately $201,000. Wealthspring Capital LLC acquired a new stake in Dynamix Corp III during the 4th quarter valued at approximately $2,958,000. T3 Companies LLC bought a new position in Dynamix Corp III during the 4th quarter worth approximately $138,000. HRT Financial LP bought a new position in Dynamix Corp III during the 4th quarter worth approximately $519,000. Finally, Quarry LP acquired a new position in shares of Dynamix Corp III in the 4th quarter worth approximately $149,000.
Dynamix Corp III Price Performance
DNMXU remained flat at $10.12 during midday trading on Friday. The company has a fifty day simple moving average of $10.14 and a 200 day simple moving average of $10.12. Dynamix Corp III has a 52-week low of $10.05 and a 52-week high of $11.00.
Dynamix Corp III Company Profile
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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