Dynamix Corp III (NASDAQ:DNMX) Short Interest Up 102.9% in April

Dynamix Corp III (NASDAQ:DNMX) saw a significant growth in short interest in April. As of April 30th, there was short interest totaling 2,555 shares, a growth of 102.9% from the April 15th total of 1,259 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 13,506 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On Dynamix Corp III

Several large investors have recently made changes to their positions in the business. ABC Arbitrage SA purchased a new position in shares of Dynamix Corp III in the first quarter valued at about $198,000. Gritstone Asset Management LLC purchased a new position in shares of Dynamix Corp III in the first quarter valued at about $496,000. Boothbay Fund Management LLC purchased a new position in shares of Dynamix Corp III in the fourth quarter valued at about $494,000. Bulldog Investors LLP purchased a new position in shares of Dynamix Corp III in the fourth quarter valued at about $494,000. Finally, Mint Tower Capital Management B.V. purchased a new position in shares of Dynamix Corp III in the fourth quarter valued at about $989,000.

Dynamix Corp III Stock Down 0.1%

NASDAQ DNMX traded down $0.01 on Friday, hitting $9.99. 10,532 shares of the company traded hands, compared to its average volume of 9,671. The firm has a market cap of $232.95 million and a P/E ratio of 110.94. The business has a 50 day simple moving average of $9.94. Dynamix Corp III has a 52-week low of $9.87 and a 52-week high of $9.99.

Dynamix Corp III (NASDAQ:DNMX) last released its earnings results on Friday, March 20th. The company reported $0.07 earnings per share for the quarter.

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.