Dynamix Corp III (NASDAQ:DNMXW) Sees Significant Drop in Short Interest

Dynamix Corp III (NASDAQ:DNMXW) was the recipient of a significant drop in short interest in July. As of July 15th, there was short interest totaling 5,900 shares, a drop of 34.5% from the June 30th total of 9,005 shares. Based on an average daily volume of 9,740 shares, the short-interest ratio is currently 0.6 days.

Dynamix Corp III Stock Up 3.2%

Shares of NASDAQ DNMXW traded up $0.01 during midday trading on Friday, hitting $0.25. The company’s stock had a trading volume of 100 shares, compared to its average volume of 28,093. The company’s fifty day simple moving average is $0.30. Dynamix Corp III has a one year low of $0.24 and a one year high of $0.45.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Berkley W R Corp bought a new stake in Dynamix Corp III during the 4th quarter valued at $27,000. Governors Lane LP bought a new position in shares of Dynamix Corp III in the fourth quarter worth $26,000. Weiss Asset Management LP bought a new position in shares of Dynamix Corp III in the fourth quarter worth $26,000. K2 Principal Fund L.P. purchased a new position in shares of Dynamix Corp III in the fourth quarter valued at $35,000. Finally, Toronto Dominion Bank purchased a new position in shares of Dynamix Corp III in the fourth quarter valued at $35,000.

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.