Dynamix Corp III (NASDAQ:DNMXU – Get Free Report) saw a significant 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 trading volume of 702 shares, the short-interest ratio is currently 0.2 days.
Dynamix Corp III Price Performance
Shares of DNMXU remained flat at $10.12 during mid-day trading on Friday. Dynamix Corp III has a 52 week low of $10.05 and a 52 week high of $11.00. The firm has a 50-day moving average of $10.14 and a 200 day moving average of $10.12.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of DNMXU. Lineage Point Capital LP acquired a new stake in shares of Dynamix Corp III in the 4th quarter valued at $100,000. T3 Companies LLC acquired a new position in shares of Dynamix Corp III during the fourth quarter valued at $138,000. Sandia Investment Management LP bought a new position in Dynamix Corp III in the fourth quarter valued at about $149,000. Quarry LP bought a new position in Dynamix Corp III in the fourth quarter valued at about $149,000. Finally, OMERS ADMINISTRATION Corp acquired a new stake in Dynamix Corp III in the fourth quarter worth about $158,000.
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.
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