Destiny Media Technologies Inc. (OTCMKTS:DSNY) Short Interest Up 11.5% in September

Destiny Media Technologies Inc. (OTCMKTS:DSNY) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totalling 2,900 shares, an increase of 11.5% from the August 31st total of 2,600 shares. Based on an average daily trading volume, of 12,700 shares, the short-interest ratio is presently 0.2 days.

Destiny Media Technologies Price Performance

Shares of DSNY opened at $0.77 on Tuesday. The stock has a market capitalization of $7.56 million, a PE ratio of 77.01 and a beta of 0.96. The business’s fifty day moving average price is $0.84 and its 200 day moving average price is $0.93. Destiny Media Technologies has a 12-month low of $0.56 and a 12-month high of $1.15.

Destiny Media Technologies (OTCMKTS:DSNY) last posted its quarterly earnings results on Monday, July 15th. The technology company reported $0.01 earnings per share (EPS) for the quarter. Destiny Media Technologies had a net margin of 5.20% and a return on equity of 6.62%. The company had revenue of $1.16 million for the quarter.

About Destiny Media Technologies

Destiny Media Technologies Inc develops technologies that enable the distribution of digital media files in a streaming or digital download format over the Internet. It offers Play MPE, an online platform that distributes promotional content, including broadcast quality audio, video, images, promotional information, and other digital content from record labels and artists to broadcasting professionals, music curators, and music reviewers to discover, download, broadcast, and review the content; Play MPE CASTER; Play MPE Quickshare provides a distribution tool for Play MPE customers to promote music; and Play MPE Player for music curators to review and download content through cloud-based player and mobile apps.