Dynamix Corp III (NASDAQ:DNMXW) Shares Shorted: Short Interest Up 147.2% in October

Dynamix Corp III (NASDAQ:DNMXW) was the target of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 15,116 shares, a growth of 147.2% from the October 15th total of 6,116 shares. Based on an average trading volume of 1,559 shares, the short-interest ratio is presently 9.7 days.

Dynamix Corp III Trading Down 35.2%

DNMXW stock traded down $0.07 during mid-day trading on Friday, reaching $0.14. 28,481 shares of the stock traded hands, compared to its average volume of 21,941. Dynamix Corp III has a one year low of $0.13 and a one year high of $0.45. The business has a 50-day moving average price of $0.20 and a two-hundred day moving average price of $0.27.

Hedge Funds Weigh In On Dynamix Corp III

An institutional investor recently bought a new stake in Dynamix Corp III stock. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of Dynamix Corp III (NASDAQ:DNMXW) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor purchased 300,000 shares of the company’s stock, valued at approximately $90,000.

About Dynamix Corp III

Dynamix Corp III is a special purpose acquisition company, or blank-check company, formed to pursue a business combination with one or more businesses. Its potential transactions may include a merger, share exchange, asset acquisition, stock purchase, reorganization or similar combination. Until it completes a transaction, Dynamix Corp III does not operate a commercial business or offer products and services. Specific information about its target industries, geographic focus and leadership is not included here.