Virtu Financial LLC Invests $1.09 Million in Dynamix Corp III $DNMX

Virtu Financial LLC bought a new stake in Dynamix Corp III (NASDAQ:DNMX) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 109,824 shares of the company’s stock, valued at approximately $1,086,000. Virtu Financial LLC owned approximately 0.47% of Dynamix Corp III at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the stock. Bulldog Investors LLP purchased a new stake in Dynamix Corp III in the fourth quarter valued at $494,000. Boothbay Fund Management LLC acquired a new position in Dynamix Corp III in the fourth quarter valued at $494,000. Moore Capital Management LP purchased a new position in shares of Dynamix Corp III during the fourth quarter worth about $989,000. Mint Tower Capital Management B.V. purchased a new position in shares of Dynamix Corp III during the fourth quarter worth about $989,000. Finally, DLD Asset Management LP acquired a new stake in shares of Dynamix Corp III during the fourth quarter worth about $1,041,000.

Dynamix Corp III Stock Performance

Shares of DNMX opened at $10.01 on Monday. The stock has a market capitalization of $233.53 million and a price-to-earnings ratio of -1,001.00. The business’s 50 day simple moving average is $9.99. Dynamix Corp III has a 12-month low of $9.87 and a 12-month high of $10.03.

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

Wall Street Analyst Weigh In

Separately, Weiss Ratings started coverage on Dynamix Corp III in a report on Monday, June 8th. They issued a “sell (e+)” rating for the company. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell”.

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.