Dragoneer Growth Opportunities Corp. III (NASDAQ:DGNU) Short Interest Up 933.3% in April

Dragoneer Growth Opportunities Corp. III (NASDAQ:DGNUGet Rating) saw a large increase in short interest in April. As of April 30th, there was short interest totalling 9,300 shares, an increase of 933.3% from the April 15th total of 900 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 209,000 shares, the days-to-cover ratio is currently 0.0 days.

Shares of Dragoneer Growth Opportunities Corp. III stock traded down $0.02 during trading on Wednesday, hitting $9.76. 1,204 shares of the stock traded hands, compared to its average volume of 204,235. Dragoneer Growth Opportunities Corp. III has a twelve month low of $9.70 and a twelve month high of $10.58. The company has a fifty day moving average price of $9.77 and a two-hundred day moving average price of $9.82.

A number of institutional investors and hedge funds have recently bought and sold shares of DGNU. Fort Baker Capital Management LP acquired a new position in shares of Dragoneer Growth Opportunities Corp. III during the fourth quarter worth approximately $10,398,000. TD Asset Management Inc. grew its position in Dragoneer Growth Opportunities Corp. III by 1,191.6% in the first quarter. TD Asset Management Inc. now owns 904,100 shares of the company’s stock valued at $8,824,000 after acquiring an additional 834,100 shares during the period. Omni Event Management Ltd bought a new stake in Dragoneer Growth Opportunities Corp. III in the fourth quarter valued at $4,417,000. Marshall Wace LLP boosted its stake in Dragoneer Growth Opportunities Corp. III by 50.0% in the fourth quarter. Marshall Wace LLP now owns 900,000 shares of the company’s stock worth $8,793,000 after purchasing an additional 300,000 shares in the last quarter. Finally, Vetamer Capital Management L.P. acquired a new position in shares of Dragoneer Growth Opportunities Corp. III during the fourth quarter valued at $2,443,000. Hedge funds and other institutional investors own 93.68% of the company’s stock.

About Dragoneer Growth Opportunities Corp. III (Get Rating)

Dragoneer Growth Opportunities Corp. III focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was formerly known as Dragoneer Growth Opportunities Alpha Corp. and changed its name to Dragoneer Growth Opportunities Corp.

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