Dynamix Corp III (NASDAQ:DNMXW) Short Interest Down 59.4% in June

Dynamix Corp III (NASDAQ:DNMXW) was the target of a significant decline in short interest in June. As of June 30th, there was short interest totaling 9,005 shares, a decline of 59.4% from the June 15th total of 22,169 shares. Based on an average trading volume of 16,033 shares, the short-interest ratio is presently 0.6 days.

Institutional Investors Weigh In On Dynamix Corp III

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Weiss Asset Management LP purchased a new stake in Dynamix Corp III during the 4th quarter worth about $26,000. Governors Lane LP acquired a new stake in Dynamix Corp III during the 4th quarter worth $26,000. Berkley W R Corp acquired a new position in Dynamix Corp III in the fourth quarter valued at $27,000. K2 Principal Fund L.P. purchased a new stake in shares of Dynamix Corp III in the 4th quarter valued at about $35,000. Finally, Toronto Dominion Bank purchased a new position in Dynamix Corp III during the 4th quarter worth approximately $35,000.

Dynamix Corp III Price Performance

NASDAQ:DNMXW opened at $0.28 on Thursday. The company has a fifty day moving average of $0.31. Dynamix Corp III has a 12-month low of $0.25 and a 12-month high of $0.45.

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.