Short Interest in Destiny Tech100 Inc. (NYSE:DXYZ) Grows By 8.3%

Destiny Tech100 Inc. (NYSE:DXYZ) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 239,100 shares, an increase of 8.3% from the August 15th total of 220,700 shares. Based on an average daily trading volume, of 328,000 shares, the short-interest ratio is currently 0.7 days.

Institutional Investors Weigh In On Destiny Tech100

A number of hedge funds have recently added to or reduced their stakes in the company. Atomi Financial Group Inc. bought a new position in shares of Destiny Tech100 in the second quarter valued at approximately $156,000. Commonwealth Equity Services LLC bought a new position in shares of Destiny Tech100 in the second quarter valued at approximately $1,852,000. Finally, Asset Dedication LLC bought a new position in shares of Destiny Tech100 in the second quarter valued at approximately $31,000.

Destiny Tech100 Price Performance

NYSE DXYZ traded down 0.03 during trading hours on Wednesday, hitting 11.50. 29,889 shares of the company’s stock were exchanged, compared to its average volume of 918,480. Destiny Tech100 has a 1-year low of 8.25 and a 1-year high of 105.00. The firm has a 50-day moving average of 12.12.