Destiny Media Technologies Inc. (OTCMKTS:DSNY) Short Interest Update

Destiny Media Technologies Inc. (OTCMKTS:DSNY) was the recipient of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 6,900 shares, a growth of 165.4% from the February 28th total of 2,600 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 40,200 shares, the short-interest ratio is presently 0.2 days.

Destiny Media Technologies Stock Performance

Destiny Media Technologies stock traded up $0.06 during midday trading on Thursday, reaching $0.46. The stock had a trading volume of 100 shares, compared to its average volume of 14,535. The stock’s 50-day simple moving average is $0.56 and its 200 day simple moving average is $0.72. Destiny Media Technologies has a twelve month low of $0.36 and a twelve month high of $1.15. The stock has a market capitalization of $4.45 million, a PE ratio of -46.20 and a beta of 0.92.

Destiny Media Technologies (OTCMKTS:DSNY) last posted its earnings results on Tuesday, January 14th. The technology company reported $0.01 earnings per share (EPS) for the quarter. Destiny Media Technologies had a negative net margin of 0.42% and a negative return on equity of 0.62%.

About Destiny Media Technologies

Destiny Media Technologies Inc develops technologies that enable the distribution of digital media files in a streaming or digital download format over the Internet. It offers Play MPE, an online platform that distributes promotional content, including broadcast quality audio, video, images, promotional information, and other digital content from record labels and artists to broadcasting professionals, music curators, and music reviewers to discover, download, broadcast, and review the content; Play MPE CASTER; Play MPE Quickshare provides a distribution tool for Play MPE customers to promote music; and Play MPE Player for music curators to review and download content through cloud-based player and mobile apps.