Destiny Tech100 Inc. (NYSE:DXYZ) Short Interest Up 17.3% in February

Destiny Tech100 Inc. (NYSE:DXYZ) saw a large increase in short interest in February. As of February 28th, there was short interest totalling 1,290,000 shares, an increase of 17.3% from the February 13th total of 1,100,000 shares. Based on an average daily trading volume, of 1,444,500 shares, the days-to-cover ratio is presently 0.9 days. Currently, 11.9% of the company’s stock are short sold.

Institutional Investors Weigh In On Destiny Tech100

Several institutional investors have recently made changes to their positions in DXYZ. Jane Street Group LLC acquired a new position in Destiny Tech100 during the fourth quarter worth $1,960,000. Cetera Investment Advisers bought a new stake in shares of Destiny Tech100 during the 4th quarter worth about $1,186,000. LPL Financial LLC acquired a new position in shares of Destiny Tech100 during the 4th quarter valued at about $808,000. Walkner Condon Financial Advisors LLC bought a new position in shares of Destiny Tech100 in the 4th quarter valued at approximately $736,000. Finally, Stifel Financial Corp acquired a new stake in Destiny Tech100 in the 4th quarter worth approximately $679,000.

Destiny Tech100 Trading Down 2.2 %

Shares of Destiny Tech100 stock traded down $0.91 on Thursday, hitting $39.64. 351,522 shares of the company traded hands, compared to its average volume of 846,764. The company has a 50-day moving average price of $47.71 and a 200 day moving average price of $36.85. Destiny Tech100 has a 12-month low of $8.25 and a 12-month high of $105.00.