DMIIU (NASDAQ:DMIIU – Get Free Report) was the target of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 116 shares, a drop of 90.2% from the September 15th total of 1,185 shares. Based on an average trading volume of 839 shares, the days-to-cover ratio is presently 0.1 days.
DMIIU Stock Performance
DMIIU opened at $10.24 on Friday. The stock’s fifty day moving average is $10.22 and its two-hundred day moving average is $10.15. DMIIU has a 52 week low of $9.96 and a 52 week high of $10.80.
DMIIU Company Profile
DMI II, Inc is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with an operating company. Its Nasdaq-listed units trade under the symbol DMIIU.
As a blank-check company, DMI II does not have an established portfolio of products or services. Its principal activity is evaluating potential merger, acquisition, or similar transactions across one or more industries and geographies.
Information about a completed transaction, ongoing operating activities, geographic markets, and company leadership is limited.
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