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

Destiny Media Technologies Inc. (OTCMKTS:DSNY) was the target of a large decrease in short interest in May. As of May 29th, there was short interest totaling 5,745 shares, a decrease of 45.5% from the May 14th total of 10,545 shares. Based on an average daily volume of 1,693 shares, the short-interest ratio is presently 3.4 days. Currently, 0.1% of the shares of the stock are short sold.

Destiny Media Technologies Stock Performance

Shares of DSNY stock opened at $0.70 on Friday. The firm has a market capitalization of $6.75 million, a price-to-earnings ratio of -7.00 and a beta of 0.34. The business’s 50-day moving average price is $0.69 and its 200-day moving average price is $0.58. Destiny Media Technologies has a 12 month low of $0.24 and a 12 month high of $0.81.

Destiny Media Technologies (OTCMKTS:DSNY) last released its quarterly earnings data on Tuesday, April 14th. The technology company reported ($0.03) earnings per share (EPS) for the quarter. The firm had revenue of $1.00 million during the quarter. Destiny Media Technologies had a negative net margin of 20.68% and a negative return on equity of 28.56%.

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.