DMIIU (NASDAQ:DMIIU – Get Free Report) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totaling 116 shares, a decline of 90.2% from the September 15th total of 1,185 shares. Based on an average daily trading volume, of 839 shares, the days-to-cover ratio is presently 0.1 days.
DMIIU Price Performance
Shares of NASDAQ DMIIU opened at $10.24 on Friday. The firm has a fifty day moving average of $10.22 and a 200 day moving average of $10.15. DMIIU has a one year low of $9.96 and a one year high of $10.80.
DMIIU Company Profile
DMI II, Inc is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with an operating company. Its Nasdaq-listed units trade under the symbol DMIIU.
As a blank-check company, DMI II does not have an established portfolio of products or services. Its principal activity is evaluating potential merger, acquisition, or similar transactions across one or more industries and geographies.
Information about a completed transaction, ongoing operating activities, geographic markets, and company leadership is limited.
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