Destiny Media Technologies Inc. (OTCMKTS:DSNY) Short Interest Up 44.8% in October

Destiny Media Technologies Inc. (OTCMKTS:DSNY) saw a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 4,200 shares, an increase of 44.8% from the October 15th total of 2,900 shares. Based on an average daily volume of 4,900 shares, the short-interest ratio is presently 0.9 days.

Destiny Media Technologies Stock Down 8.1 %

Shares of DSNY traded down $0.08 during trading hours on Friday, reaching $0.94. 100 shares of the company traded hands, compared to its average volume of 6,294. The business has a fifty day moving average price of $0.82 and a 200-day moving average price of $0.88. Destiny Media Technologies has a 12-month low of $0.56 and a 12-month high of $1.15. The stock has a market capitalization of $9.03 million, a P/E ratio of 93.75 and a beta of 0.94.

Destiny Media Technologies Company Profile

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.