Destiny Tech100 Inc. (NYSE:DXYZ) Short Interest Update

Destiny Tech100 Inc. (NYSE:DXYZ) saw a significant drop in short interest in August. As of August 14th, there was short interest totaling 215,394 shares, a drop of 70.1% from the July 30th total of 719,680 shares. Based on an average daily trading volume, of 1,353,370 shares, the short-interest ratio is presently 0.2 days. Approximately 2.0% of the shares of the stock are short sold.

Destiny Tech100 Price Performance

Shares of NYSE:DXYZ traded down $0.66 during trading on Friday, hitting $34.74. 1,398,779 shares of the stock were exchanged, compared to its average volume of 2,523,276. The company has a fifty day moving average price of $27.33 and a two-hundred day moving average price of $32.06. Destiny Tech100 has a 12-month low of $19.71 and a 12-month high of $72.87.

Institutional Trading of Destiny Tech100

A number of institutional investors have recently bought and sold shares of DXYZ. Geneos Wealth Management Inc. increased its position in shares of Destiny Tech100 by 51.2% in the first quarter. Geneos Wealth Management Inc. now owns 980 shares of the company’s stock valued at $26,000 after buying an additional 332 shares in the last quarter. Royal Bank of Canada grew its stake in Destiny Tech100 by 131.4% in the 1st quarter. Royal Bank of Canada now owns 1,439 shares of the company’s stock valued at $38,000 after acquiring an additional 817 shares during the last quarter. NewEdge Advisors LLC grew its stake in Destiny Tech100 by 120.0% in the 1st quarter. NewEdge Advisors LLC now owns 1,582 shares of the company’s stock valued at $42,000 after acquiring an additional 863 shares during the last quarter. Sunbelt Securities Inc. purchased a new position in Destiny Tech100 during the 4th quarter valued at about $28,000. Finally, CWM LLC purchased a new position in Destiny Tech100 during the 4th quarter valued at about $37,000.

Destiny Tech100 is an investment company that focuses on providing exposure to a portfolio of high-growth technology businesses. The company’s strategy is centered on identifying innovative private and public technology-related companies that it believes have significant long-term potential.

As a specialty investment vehicle, Destiny Tech100 is designed for investors seeking access to the technology sector through a diversified approach rather than through a single operating business.