Destiny Tech100 Inc. (NYSE:DXYZ) Short Interest Update

Destiny Tech100 Inc. (NYSE:DXYZ) saw a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 1,290,000 shares, an increase of 17.3% from the February 13th total of 1,100,000 shares. Based on an average daily trading volume, of 1,444,500 shares, the short-interest ratio is currently 0.9 days. Approximately 11.9% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in DXYZ. Fifth Third Bancorp bought a new position in Destiny Tech100 in the 4th quarter worth approximately $29,000. Sandy Spring Bank bought a new stake in shares of Destiny Tech100 during the fourth quarter valued at approximately $36,000. IFP Advisors Inc increased its position in shares of Destiny Tech100 by 166.7% during the fourth quarter. IFP Advisors Inc now owns 800 shares of the company’s stock valued at $47,000 after purchasing an additional 500 shares during the period. NewEdge Advisors LLC bought a new stake in shares of Destiny Tech100 during the fourth quarter valued at approximately $52,000. Finally, Barclays PLC increased its position in shares of Destiny Tech100 by 19.1% during the fourth quarter. Barclays PLC now owns 1,248 shares of the company’s stock valued at $73,000 after purchasing an additional 200 shares during the period.

Destiny Tech100 Stock Performance

NYSE DXYZ traded down $0.91 during trading on Thursday, hitting $39.64. The company’s stock had a trading volume of 351,522 shares, compared to its average volume of 846,764. The firm has a 50 day moving average price of $47.71 and a 200 day moving average price of $36.85. Destiny Tech100 has a 52 week low of $8.25 and a 52 week high of $105.00.