Destiny Tech100 Inc. (NYSE:DXYZ) Sees Large Growth in Short Interest

Destiny Tech100 Inc. (NYSE:DXYZ) was the target of a large increase in short interest in March. As of March 13th, there was short interest totaling 2,266,814 shares, an increase of 27.3% from the February 26th total of 1,780,589 shares. Currently, 20.8% of the company’s stock are short sold. Based on an average daily volume of 620,383 shares, the short-interest ratio is currently 3.7 days.

Destiny Tech100 Stock Down 4.1%

Destiny Tech100 stock traded down $1.16 during midday trading on Monday, hitting $26.87. 966,990 shares of the company’s stock were exchanged, compared to its average volume of 1,446,864. The firm has a 50-day moving average of $28.75 and a two-hundred day moving average of $27.55. Destiny Tech100 has a 12 month low of $19.71 and a 12 month high of $50.50.

Institutional Trading of Destiny Tech100

A number of hedge funds have recently bought and sold shares of DXYZ. Jane Street Group LLC increased its holdings in shares of Destiny Tech100 by 278.8% during the fourth quarter. Jane Street Group LLC now owns 377,545 shares of the company’s stock valued at $11,564,000 after acquiring an additional 277,866 shares in the last quarter. AA Financial Advisors LLC purchased a new stake in Destiny Tech100 during the 4th quarter worth approximately $2,144,000. Cetera Investment Advisers purchased a new stake in Destiny Tech100 during the 4th quarter worth approximately $1,021,000. Virtu Financial LLC purchased a new position in shares of Destiny Tech100 in the fourth quarter worth $743,000. Finally, Kestra Advisory Services LLC lifted its stake in shares of Destiny Tech100 by 56.1% during the fourth quarter. Kestra Advisory Services LLC now owns 54,382 shares of the company’s stock worth $1,666,000 after buying an additional 19,551 shares during the period.