Destiny Tech100 Inc. (NYSE:DXYZ) Sees Significant Increase in Short Interest

Destiny Tech100 Inc. (NYSE:DXYZ) saw a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 2,266,814 shares, a growth of 27.3% from the February 26th total of 1,780,589 shares. Approximately 20.8% of the company’s shares are short sold. Based on an average daily volume of 620,383 shares, the days-to-cover ratio is currently 3.7 days.

Institutional Trading of Destiny Tech100

Institutional investors have recently bought and sold shares of the business. Jane Street Group LLC increased its position in shares of Destiny Tech100 by 278.8% in the 4th quarter. Jane Street Group LLC now owns 377,545 shares of the company’s stock valued at $11,564,000 after buying an additional 277,866 shares in the last quarter. LPL Financial LLC grew its stake in Destiny Tech100 by 5.3% in the fourth quarter. LPL Financial LLC now owns 71,993 shares of the company’s stock valued at $2,205,000 after acquiring an additional 3,636 shares during the period. AA Financial Advisors LLC acquired a new position in Destiny Tech100 in the fourth quarter valued at about $2,144,000. Kestra Advisory Services LLC increased its holdings in shares of Destiny Tech100 by 56.1% in the fourth quarter. Kestra Advisory Services LLC now owns 54,382 shares of the company’s stock worth $1,666,000 after acquiring an additional 19,551 shares in the last quarter. Finally, Osaic Holdings Inc. increased its holdings in shares of Destiny Tech100 by 38.0% in the fourth quarter. Osaic Holdings Inc. now owns 42,176 shares of the company’s stock worth $1,292,000 after acquiring an additional 11,607 shares in the last quarter.

Destiny Tech100 Stock Up 0.2%

Shares of NYSE:DXYZ traded up $0.06 during trading on Tuesday, hitting $26.79. 2,048,562 shares of the company’s stock were exchanged, compared to its average volume of 1,477,134. The firm has a 50-day moving average price of $28.60 and a two-hundred day moving average price of $27.56. Destiny Tech100 has a 1-year low of $19.71 and a 1-year high of $50.50.