Destiny Tech100 Inc. (NYSE:DXYZ) Short Interest Down 12.4% in March

Destiny Tech100 Inc. (NYSE:DXYZ - Get Free Report) was the target of a large drop in short interest in March. As of March 15th, there was short interest totalling 1,130,000 shares, a drop of 12.4% from the February 28th total of 1,290,000 shares. Currently, 10.4% of the company's stock are short sold. Based on an average daily volume of 912,500 shares, the days-to-cover ratio is presently 1.2 days.

Destiny Tech100 Trading Down 12.7 %

Shares of NYSE DXYZ traded down $4.70 during midday trading on Friday, hitting $32.30. The stock had a trading volume of 720,313 shares, compared to its average volume of 784,017. The business's 50 day moving average is $43.16 and its 200-day moving average is $39.33. Destiny Tech100 has a 52 week low of $9.00 and a 52 week high of $105.00.

Hedge Funds Weigh In On Destiny Tech100

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Barclays PLC increased its holdings in shares of Destiny Tech100 by 19.1% in the 4th quarter. Barclays PLC now owns 1,248 shares of the company's stock worth $73,000 after purchasing an additional 200 shares in the last quarter. Fifth Third Bancorp bought a new stake in Destiny Tech100 in the 4th quarter worth about $29,000. IFP Advisors Inc increased its holdings in Destiny Tech100 by 166.7% in the 4th quarter. IFP Advisors Inc now owns 800 shares of the company's stock worth $47,000 after buying an additional 500 shares in the last quarter. Sandy Spring Bank purchased a new position in Destiny Tech100 in the 4th quarter worth about $36,000. Finally, Virtu Financial LLC lifted its stake in Destiny Tech100 by 6.3% during the 4th quarter. Virtu Financial LLC now owns 11,503 shares of the company's stock valued at $677,000 after acquiring an additional 684 shares during the period.