dMY Technology Group, Inc. VI (NYSE:DMYS) Sees Large Drop in Short Interest

dMY Technology Group, Inc. VI (NYSE:DMYS – Get Rating) was the target of a large decline in short interest in the month of April. As of April 30th, there was short interest totalling 4,200 shares, a decline of 19.2% from the April 15th total of 5,200 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 49,700 shares, the days-to-cover ratio is currently 0.1 days.

Shares of dMY Technology Group, Inc. VI stock traded up $0.02 during trading on Wednesday, reaching $9.75. The company’s stock had a trading volume of 570,500 shares, compared to its average volume of 64,399. The stock has a 50-day moving average price of $9.81. dMY Technology Group, Inc. VI has a fifty-two week low of $9.69 and a fifty-two week high of $10.45.

Institutional investors have recently made changes to their positions in the company. Goldman Sachs Group Inc. acquired a new position in shares of dMY Technology Group, Inc. VI in the 1st quarter valued at $418,000. SkyView Investment Advisors LLC acquired a new position in shares of dMY Technology Group, Inc. VI in the 1st quarter valued at $323,000. Beryl Capital Management LLC acquired a new position in shares of dMY Technology Group, Inc. VI in the 4th quarter valued at $5,309,000. Glazer Capital LLC acquired a new position in shares of dMY Technology Group, Inc. VI in the 4th quarter valued at $592,000. Finally, Advisor Group Holdings Inc. purchased a new position in dMY Technology Group, Inc. VI in the 4th quarter valued at $81,000. 52.65% of the stock is currently owned by institutional investors and hedge funds.

dMY Technology Group, Inc. VI Company Profile (Get Rating)

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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