Short Interest in Destiny Tech100 Inc. (NYSE:DXYZ) Increases By 289.7%

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

Destiny Tech100 Stock Performance

DXYZ stock traded down 3.61 during midday trading on Wednesday, reaching 39.98. The stock had a trading volume of 1,701,000 shares, compared to its average volume of 1,330,159. The firm has a fifty day simple moving average of 18.78 and a two-hundred day simple moving average of 15.01. Destiny Tech100 has a 52-week low of 8.25 and a 52-week high of 105.00.

Institutional Investors Weigh In On Destiny Tech100

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DXYZ. Commonwealth Equity Services LLC acquired a new stake in Destiny Tech100 during the 2nd quarter worth about $1,852,000. Evanson Asset Management LLC acquired a new stake in Destiny Tech100 during the 3rd quarter worth about $187,000. Verity Asset Management Inc. acquired a new stake in shares of Destiny Tech100 during the 3rd quarter valued at about $149,000. Virtu Financial LLC acquired a new stake in shares of Destiny Tech100 during the 3rd quarter valued at about $108,000. Finally, Strategy Asset Managers LLC acquired a new stake in shares of Destiny Tech100 during the 3rd quarter valued at about $104,000.