Dynamix Corp III $DNMX Stock Holdings Boosted by Wealthspring Capital LLC

Wealthspring Capital LLC increased its stake in shares of Dynamix Corp III (NASDAQ:DNMX) by 22.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 361,060 shares of the company’s stock after purchasing an additional 66,760 shares during the quarter. Wealthspring Capital LLC owned 1.55% of Dynamix Corp III worth $3,639,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of DNMX. Rivernorth Capital Management LLC bought a new stake in Dynamix Corp III in the first quarter worth $744,000. Sona Asset Management US LLC bought a new position in Dynamix Corp III during the first quarter valued at $3,889,000. Healthcare of Ontario Pension Plan Trust Fund bought a new position in Dynamix Corp III during the first quarter valued at $5,952,000. Gritstone Asset Management LLC purchased a new stake in shares of Dynamix Corp III in the first quarter valued at $496,000. Finally, ABC Arbitrage SA purchased a new stake in shares of Dynamix Corp III in the first quarter valued at $198,000.

Dynamix Corp III Stock Performance

DNMX opened at $10.15 on Monday. The stock has a market cap of $236.92 million and a price-to-earnings ratio of 15.16. The stock’s 50 day moving average price is $10.09 and its 200-day moving average price is $10.01. Dynamix Corp III has a one year low of $9.87 and a one year high of $10.15.

Dynamix Corp III (NASDAQ:DNMX) last issued its quarterly earnings results on Friday, November 6th. The company reported $0.04 earnings per share for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded shares of Dynamix Corp III from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, August 14th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock currently has an average rating of “Sell”.

Dynamix Corp III 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.