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

Destiny Tech100 Inc. (NYSE:DXYZ) was the recipient of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 448,500 shares, an increase of 289.7% from the October 31st total of 115,100 shares. Based on an average daily trading volume, of 1,792,600 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On Destiny Tech100

Large investors have recently made changes to their positions in the business. Asset Dedication LLC acquired a new position in shares of Destiny Tech100 in the second quarter worth about $31,000. Strategy Asset Managers LLC acquired a new position in shares of Destiny Tech100 in the third quarter worth about $104,000. Virtu Financial LLC acquired a new position in shares of Destiny Tech100 in the third quarter worth about $108,000. Verity Asset Management Inc. acquired a new position in shares of Destiny Tech100 in the third quarter worth about $149,000. Finally, Atomi Financial Group Inc. acquired a new position in shares of Destiny Tech100 in the second quarter worth about $156,000.

Destiny Tech100 Stock Up 3.2 %

Destiny Tech100 stock traded up 1.28 during trading hours on Friday, hitting 41.26. 700,400 shares of the company traded hands, compared to its average volume of 1,326,510. The firm’s 50-day simple moving average is 19.95 and its two-hundred day simple moving average is 15.36. Destiny Tech100 has a 1-year low of 8.25 and a 1-year high of 105.00.