Dynamix Corp III (NASDAQ:DNMXU) Sees Large Growth in Short Interest

Dynamix Corp III (NASDAQ:DNMXU) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 402 shares. Based on an average daily volume of 1,477 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of Dynamix Corp III

Hedge funds and other institutional investors have recently made changes to their positions in the business. OMERS ADMINISTRATION Corp lifted its position in Dynamix Corp III by 2,026.0% during the first quarter. OMERS ADMINISTRATION Corp now owns 335,207 shares of the company’s stock valued at $3,379,000 after purchasing an additional 319,440 shares during the period. Clear Street Group Inc. acquired a new stake in Dynamix Corp III during the 4th quarter worth about $622,000. Finally, Lineage Point Capital LP purchased a new position in shares of Dynamix Corp III during the 4th quarter valued at about $100,000.

Dynamix Corp III Price Performance

Shares of Dynamix Corp III stock remained flat at $10.15 on Wednesday. The company had a trading volume of 205 shares, compared to its average volume of 9,237. The company has a fifty day simple moving average of $10.14 and a 200 day simple moving average of $10.13. Dynamix Corp III has a 12-month low of $10.05 and a 12-month high of $11.00.

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.