Destiny Tech100 Inc. (NYSE:DXYZ) Short Interest Up 28.9% in March

Destiny Tech100 Inc. (NYSE:DXYZ) was the target of a significant growth in short interest in March. As of March 31st, there was short interest totaling 2,922,917 shares, a growth of 28.9% from the March 15th total of 2,266,814 shares. Based on an average trading volume of 3,026,215 shares, the days-to-cover ratio is currently 1.0 days. Currently, 26.9% of the shares of the stock are short sold.

Destiny Tech100 Stock Performance

Shares of NYSE:DXYZ opened at $29.72 on Thursday. Destiny Tech100 has a 52-week low of $19.71 and a 52-week high of $50.50. The stock’s fifty day simple moving average is $27.99 and its 200-day simple moving average is $27.74.

Institutional Trading of Destiny Tech100

Several institutional investors and hedge funds have recently made changes to their positions in DXYZ. Cresset Asset Management LLC purchased a new stake in shares of Destiny Tech100 in the second quarter valued at $221,000. Raymond James Financial Inc. purchased a new stake in shares of Destiny Tech100 in the second quarter valued at $47,000. Visionary Wealth Advisors purchased a new stake in shares of Destiny Tech100 in the second quarter valued at $239,000. Farther Finance Advisors LLC purchased a new stake in shares of Destiny Tech100 in the third quarter valued at $47,000. Finally, Global Retirement Partners LLC lifted its position in shares of Destiny Tech100 by 992.1% in the third quarter. Global Retirement Partners LLC now owns 4,150 shares of the company’s stock valued at $88,000 after acquiring an additional 3,770 shares in the last quarter.