Destiny Tech100 Inc. (NYSE:DXYZ) Short Interest Update

Destiny Tech100 Inc. (NYSE:DXYZ) was the recipient of a large drop in short interest during the month of January. As of January 31st, there was short interest totalling 761,600 shares, a drop of 7.4% from the January 15th total of 822,800 shares. Based on an average daily volume of 2,933,400 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Fifth Third Bancorp purchased a new stake in shares of Destiny Tech100 during the fourth quarter valued at $29,000. Sandy Spring Bank acquired a new stake in Destiny Tech100 during the 4th quarter worth about $36,000. IFP Advisors Inc grew its stake in Destiny Tech100 by 166.7% during the 4th quarter. IFP Advisors Inc now owns 800 shares of the company’s stock valued at $47,000 after purchasing an additional 500 shares during the last quarter. NewEdge Advisors LLC acquired a new position in shares of Destiny Tech100 in the fourth quarter valued at about $52,000. Finally, Barclays PLC raised its stake in shares of Destiny Tech100 by 19.1% in the fourth quarter. Barclays PLC now owns 1,248 shares of the company’s stock worth $73,000 after purchasing an additional 200 shares during the last quarter.

Destiny Tech100 Stock Up 0.4 %

DXYZ stock traded up $0.18 during trading on Tuesday, reaching $50.50. The company had a trading volume of 366,093 shares, compared to its average volume of 976,084. Destiny Tech100 has a twelve month low of $8.25 and a twelve month high of $105.00. The firm has a 50-day simple moving average of $58.84 and a 200-day simple moving average of $32.83.