66,760 Dynamix Corp III $DNMX Shares Bought by Wealthspring Capital LLC

Wealthspring Capital LLC grew its stake in shares of Dynamix Corp III (NASDAQ:DNMX) by 22.7% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 361,060 shares of the company’s stock after acquiring an additional 66,760 shares during the period. Wealthspring Capital LLC’s holdings in Dynamix Corp III were worth $3,639,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. ABC Arbitrage SA bought a new position in Dynamix Corp III in the first quarter worth approximately $198,000. Gritstone Asset Management LLC purchased a new stake in shares of Dynamix Corp III during the first quarter worth about $496,000. Rivernorth Capital Management LLC acquired a new position in shares of Dynamix Corp III during the first quarter valued at about $744,000. Sona Asset Management US LLC acquired a new position in shares of Dynamix Corp III during the first quarter valued at about $3,889,000. Finally, Healthcare of Ontario Pension Plan Trust Fund purchased a new position in shares of Dynamix Corp III in the 1st quarter valued at approximately $5,952,000.

Dynamix Corp III Trading Up 0.4%

Dynamix Corp III stock opened at $10.15 on Monday. Dynamix Corp III has a 12 month low of $9.87 and a 12 month high of $10.15. The stock’s 50 day simple moving average is $10.09 and its two-hundred day simple moving average is $10.01. The firm has a market cap of $236.92 million and a PE ratio of 15.16.

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

Wall Street Analysts Forecast Growth

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

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.