Dynamix Corp III (NASDAQ:DNMXW) Short Interest Update

Dynamix Corp III (NASDAQ:DNMXW) was the target of a large decline in short interest in July. As of July 15th, there was short interest totaling 5,900 shares, a decline of 34.5% from the June 30th total of 9,005 shares. Based on an average daily trading volume, of 9,740 shares, the days-to-cover ratio is presently 0.6 days.

Hedge Funds Weigh In On Dynamix Corp III

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

Dynamix Corp III Stock Up 3.2%

Shares of DNMXW traded up $0.01 during midday trading on Friday, hitting $0.25. 100 shares of the company traded hands, compared to its average volume of 28,093. The stock’s 50-day moving average is $0.30. Dynamix Corp III has a one year low of $0.24 and a one year high of $0.45.

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.