Dynamix Corp III (NASDAQ:DNMXU) Short Interest Update

Dynamix Corp III (NASDAQ:DNMXU) was the target of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 409 shares, a drop of 43.2% from the April 15th total of 720 shares. Based on an average daily volume of 2,971 shares, the short-interest ratio is currently 0.1 days.

Dynamix Corp III Stock Performance

Shares of DNMXU stock traded down $0.03 during mid-day trading on Monday, hitting $10.12. 14,300 shares of the stock traded hands, compared to its average volume of 12,053. The stock’s fifty day moving average price is $10.10. Dynamix Corp III has a 52-week low of $10.05 and a 52-week high of $11.00.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in shares of Dynamix Corp III in the 4th quarter worth approximately $6,030,000. AQR Arbitrage LLC purchased a new position in shares of Dynamix Corp III in the 4th quarter worth approximately $5,815,000. Alberta Investment Management Corp purchased a new position in shares of Dynamix Corp III in the 4th quarter worth approximately $3,518,000. OMERS ADMINISTRATION Corp grew its position in shares of Dynamix Corp III by 2,026.0% in the 1st quarter. OMERS ADMINISTRATION Corp now owns 335,207 shares of the company’s stock worth $3,379,000 after buying an additional 319,440 shares during the last quarter. Finally, Millennium Management LLC purchased a new position in shares of Dynamix Corp III in the 4th quarter worth approximately $3,266,000.

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.