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

Destiny Tech100 Inc. (NYSE:DXYZ) was the recipient of a large decline in short interest in March. As of March 15th, there was short interest totalling 1,130,000 shares, a decline of 12.4% from the February 28th total of 1,290,000 shares. Currently, 10.4% of the company’s stock are sold short. Based on an average trading volume of 912,500 shares, the short-interest ratio is presently 1.2 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Fifth Third Bancorp bought a new stake in shares of Destiny Tech100 in the 4th quarter valued at about $29,000. Sandy Spring Bank acquired a new stake in shares of Destiny Tech100 in the fourth quarter valued at approximately $36,000. IFP Advisors Inc boosted its stake in shares of Destiny Tech100 by 166.7% during the 4th quarter. IFP Advisors Inc now owns 800 shares of the company’s stock worth $47,000 after acquiring an additional 500 shares during the period. NewEdge Advisors LLC acquired a new position in shares of Destiny Tech100 during the 4th quarter worth approximately $52,000. Finally, Barclays PLC raised its stake in Destiny Tech100 by 19.1% in the 4th quarter. Barclays PLC now owns 1,248 shares of the company’s stock valued at $73,000 after acquiring an additional 200 shares during the period.

Destiny Tech100 Trading Down 4.2 %

NYSE:DXYZ traded down $1.68 during trading hours on Thursday, reaching $38.32. 297,684 shares of the stock were exchanged, compared to its average volume of 781,708. Destiny Tech100 has a twelve month low of $9.00 and a twelve month high of $105.00. The firm has a 50 day moving average of $44.34 and a 200 day moving average of $38.82.