Dynamix Corp III (NASDAQ:DNMX) Stock Short Interest Report for October

Dynamix Corp III (NASDAQ:DNMX) saw a large increase in short interest in October. As of October 15th, there was short interest totaling 11,153 shares, an increase of 131.5% from the September 30th total of 4,818 shares. Based on an average daily volume of 52,433 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Dynamix Corp III Stock Down 0.1%

NASDAQ DNMX opened at $10.10 on Friday. Dynamix Corp III has a twelve month low of $9.87 and a twelve month high of $10.15. The company has a market cap of $235.63 million and a price-to-earnings ratio of 336.67. The business’s fifty day moving average is $10.08 and its 200 day moving average is $10.01.

Dynamix Corp III (NASDAQ:DNMX) last issued its quarterly earnings data on Thursday, August 13th. The company reported $0.04 earnings per share for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of Dynamix Corp III from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, August 14th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat.com, Dynamix Corp III presently has an average rating of “Sell”.

Institutional Trading of Dynamix Corp III

Several hedge funds and other institutional investors have recently made changes to their positions in DNMX. Healthcare of Ontario Pension Plan Trust Fund bought a new position in Dynamix Corp III in the 1st quarter valued at approximately $5,952,000. Sona Asset Management US LLC acquired a new stake in Dynamix Corp III during the 1st quarter worth approximately $3,889,000. Rivernorth Capital Management LLC bought a new stake in Dynamix Corp III during the 1st quarter worth approximately $744,000. Gritstone Asset Management LLC bought a new stake in Dynamix Corp III during the 1st quarter worth approximately $496,000. Finally, ABC Arbitrage SA bought a new stake in Dynamix Corp III during the 1st quarter worth approximately $198,000.

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.