Dynamix Corp III (NASDAQ:DNMX) Short Interest Update

Dynamix Corp III (NASDAQ:DNMX) was the recipient of a significant growth in short interest during the month of 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. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 13,506 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. ABC Arbitrage SA bought a new position in Dynamix Corp III during the 1st quarter worth approximately $198,000. Boothbay Fund Management LLC bought a new position in Dynamix Corp III during the 4th quarter worth approximately $494,000. Bulldog Investors LLP bought a new position in Dynamix Corp III during the 4th quarter worth approximately $494,000. Gritstone Asset Management LLC bought a new position in Dynamix Corp III during the 1st quarter worth approximately $496,000. Finally, Mint Tower Capital Management B.V. bought a new stake in shares of Dynamix Corp III in the 4th quarter worth approximately $989,000.

Dynamix Corp III Stock Performance

DNMX traded down $0.01 on Friday, reaching $9.99. The company’s stock had a trading volume of 10,532 shares, compared to its average volume of 9,481. The firm has a market cap of $232.95 million and a PE ratio of 110.94. Dynamix Corp III has a 1 year low of $9.87 and a 1 year high of $9.99. The firm has a 50 day moving average of $9.94.

Dynamix Corp III (NASDAQ:DNMX) last issued its quarterly earnings results on Friday, March 20th. The company reported $0.07 EPS 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.