DMIIU (NASDAQ:DMIIU – Get Free Report) saw a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 116 shares, a decrease of 90.2% from the September 15th total of 1,185 shares. Based on an average daily trading volume, of 839 shares, the short-interest ratio is currently 0.1 days.
DMIIU Stock Performance
NASDAQ DMIIU traded up $0.04 during trading on Friday, hitting $10.24. 1,258 shares of the stock traded hands, compared to its average volume of 12,140. The firm has a 50-day simple moving average of $10.22 and a 200-day simple moving average of $10.15. DMIIU has a 12-month low of $9.96 and a 12-month 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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