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

Destiny Tech100 Inc. (NYSE:DXYZ) saw a significant drop in short interest in May. As of May 15th, there was short interest totaling 1,492,410 shares, a drop of 49.5% from the April 30th total of 2,955,758 shares. Based on an average daily volume of 6,097,924 shares, the short-interest ratio is currently 0.2 days. Currently, 13.7% of the company’s stock are sold short.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Jane Street Group LLC raised its position in Destiny Tech100 by 278.8% in the fourth quarter. Jane Street Group LLC now owns 377,545 shares of the company’s stock worth $11,564,000 after acquiring an additional 277,866 shares during the period. Cetera Investment Advisers raised its position in Destiny Tech100 by 403.9% in the first quarter. Cetera Investment Advisers now owns 167,973 shares of the company’s stock worth $4,498,000 after acquiring an additional 134,638 shares during the period. Kestra Advisory Services LLC raised its position in Destiny Tech100 by 157.8% in the first quarter. Kestra Advisory Services LLC now owns 140,185 shares of the company’s stock worth $3,754,000 after acquiring an additional 85,803 shares during the period. AA Financial Advisors LLC bought a new stake in Destiny Tech100 in the fourth quarter worth about $2,144,000. Finally, Virtu Financial LLC bought a new stake in Destiny Tech100 in the fourth quarter worth about $743,000.

Destiny Tech100 Stock Down 3.8%

Shares of DXYZ traded down $1.89 during trading hours on Tuesday, reaching $47.23. 4,160,849 shares of the stock traded hands, compared to its average volume of 2,610,485. The stock has a fifty day simple moving average of $38.39 and a 200 day simple moving average of $31.89. Destiny Tech100 has a 52 week low of $19.71 and a 52 week high of $72.87.