Destiny Tech100 Inc. (NYSE:DXYZ - Get Free Report) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 694,800 shares, an increase of 7.4% from the November 30th total of 647,200 shares. Based on an average daily volume of 2,584,400 shares, the short-interest ratio is presently 0.3 days.
Institutional Trading of Destiny Tech100
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Commonwealth Equity Services LLC acquired a new stake in Destiny Tech100 in the second quarter valued at approximately $1,852,000. Evanson Asset Management LLC purchased a new stake in shares of Destiny Tech100 during the 3rd quarter valued at $187,000. Atomi Financial Group Inc. boosted its position in shares of Destiny Tech100 by 75.6% in the 3rd quarter. Atomi Financial Group Inc. now owns 18,000 shares of the company's stock worth $179,000 after purchasing an additional 7,750 shares in the last quarter. Verity Asset Management Inc. purchased a new position in Destiny Tech100 during the 3rd quarter worth $149,000. Finally, Virtu Financial LLC acquired a new position in Destiny Tech100 during the 3rd quarter valued at about $108,000.
Destiny Tech100 Stock Performance
Shares of NYSE:DXYZ traded down $1.70 during trading on Thursday, reaching $57.16. 1,121,152 shares of the company were exchanged, compared to its average volume of 1,473,031. The business's fifty day simple moving average is $44.32 and its 200-day simple moving average is $23.19. Destiny Tech100 has a 12-month low of $8.25 and a 12-month high of $105.00.
Further Reading
Before you consider Destiny Tech100, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Destiny Tech100 wasn't on the list.
While Destiny Tech100 currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.