Short Interest in Dynamix Corp III (NASDAQ:DNMXW) Increases By 77.7%

Dynamix Corp III (NASDAQ:DNMXW) was the target of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 21,797 shares, an increase of 77.7% from the April 15th total of 12,269 shares. Based on an average trading volume of 13,619 shares, the short-interest ratio is presently 1.6 days.

Dynamix Corp III Stock Down 0.0%

Shares of NASDAQ DNMXW opened at $0.33 on Tuesday. Dynamix Corp III has a 12 month low of $0.26 and a 12 month high of $0.45. The company’s 50 day simple moving average is $0.31.

Institutional Trading of Dynamix Corp III

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

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.