Destiny Tech100 Inc. (NYSE:DXYZ - Get Free Report) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 230,300 shares, a growth of 25.2% from the September 30th total of 183,900 shares. Based on an average trading volume of 257,800 shares, the days-to-cover ratio is presently 0.9 days.
Institutional Investors Weigh In On Destiny Tech100
Several hedge funds have recently added to or reduced their stakes in DXYZ. Commonwealth Equity Services LLC bought a new stake in Destiny Tech100 during the 2nd quarter worth $1,852,000. Evanson Asset Management LLC bought a new stake in Destiny Tech100 during the 3rd quarter worth approximately $187,000. Atomi Financial Group Inc. raised its position in Destiny Tech100 by 75.6% during 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 during the last quarter. Finally, Asset Dedication LLC acquired a new position in shares of Destiny Tech100 in the 2nd quarter worth approximately $31,000.
Destiny Tech100 Stock Up 0.1 %
Destiny Tech100 stock traded up 0.01 during midday trading on Wednesday, hitting 11.37. 128,944 shares of the stock were exchanged, compared to its average volume of 800,826. The company has a fifty day simple moving average of 11.30 and a two-hundred day simple moving average of 13.80. Destiny Tech100 has a 52 week low of 8.25 and a 52 week high of 105.00.
Further Reading
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