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DMY Technology Group, Inc. VI (NYSE:DMYS) Short Interest Up 325.0% in January

Financial News Live ·  Jan 26, 2023 20:33

dMY Technology Group, Inc. VI (NYSE:DMYS – Get Rating) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 3,400 shares, a growth of 325.0% from the December 31st total of 800 shares. Based on an average trading volume of 124,000 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On dMY Technology Group, Inc. VI

Institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. acquired a new position in dMY Technology Group, Inc. VI in the 2nd quarter valued at about $1,956,000. Goldman Sachs Group Inc. purchased a new stake in dMY Technology Group, Inc. VI in the 1st quarter valued at approximately $418,000. SkyView Investment Advisors LLC purchased a new stake in dMY Technology Group, Inc. VI in the 1st quarter valued at approximately $323,000. Cubist Systematic Strategies LLC purchased a new stake in dMY Technology Group, Inc. VI in the 2nd quarter valued at approximately $159,000. Finally, First Trust Capital Management L.P. purchased a new stake in dMY Technology Group, Inc. VI in the 3rd quarter valued at approximately $5,041,000. Institutional investors and hedge funds own 65.32% of the company's stock.

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dMY Technology Group, Inc. VI Stock Performance

DMYS stock traded up $0.03 during trading on Thursday, hitting $10.11. The company had a trading volume of 209,531 shares, compared to its average volume of 188,237. dMY Technology Group, Inc. VI has a 1-year low of $9.70 and a 1-year high of $10.12. The firm has a 50-day moving average price of $10.00 and a 200-day moving average price of $9.92.

dMY Technology Group, Inc. VI Company Profile

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dMY Technology Group, Inc VI does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to identify a business combination target within the mobile application ecosystem or gaming, enterprise cloud, and consumer internet companies.

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