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

Destiny Tech100 Inc. (NYSE:DXYZ) saw a significant decrease in short interest in June. As of June 30th, there was short interest totaling 1,224,430 shares, a decrease of 43.5% from the June 15th total of 2,165,513 shares. Based on an average trading volume of 2,610,330 shares, the days-to-cover ratio is presently 0.5 days. Approximately 11.3% of the company’s shares are short sold.

Institutional Inflows and Outflows

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% during the first quarter. Geneos Wealth Management Inc. now owns 980 shares of the company’s stock worth $26,000 after acquiring an additional 332 shares in the last quarter. Sunbelt Securities Inc. bought a new stake in Destiny Tech100 in the 4th quarter valued at $28,000. CWM LLC acquired a new position in Destiny Tech100 in the 4th quarter worth $37,000. Royal Bank of Canada boosted 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 worth $38,000 after purchasing an additional 817 shares during the period. Finally, Clearstead Trust LLC bought a new position in Destiny Tech100 during the 4th quarter worth about $42,000.

Destiny Tech100 Trading Down 4.3%

Shares of NYSE DXYZ traded down $1.17 during mid-day trading on Friday, reaching $25.98. 648,868 shares of the company’s stock were exchanged, compared to its average volume of 2,806,355. Destiny Tech100 has a twelve month low of $19.71 and a twelve month high of $72.87. The business has a fifty day simple moving average of $38.32 and a 200 day simple moving average of $32.58.

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.