Destiny Tech100 Inc. (NYSE:DXYZ) Sees Large Decline in Short Interest

Destiny Tech100 Inc. (NYSE:DXYZ) saw a significant decrease in short interest in December. As of December 31st, there was short interest totaling 663,286 shares, a decrease of 18.0% from the December 15th total of 808,509 shares. Based on an average daily volume of 1,840,568 shares, the days-to-cover ratio is presently 0.4 days. Approximately 6.1% of the company’s shares are short sold. Approximately 6.1% of the company’s shares are short sold. Based on an average daily volume of 1,840,568 shares, the days-to-cover ratio is presently 0.4 days.

Destiny Tech100 Stock Performance

DXYZ opened at $29.66 on Wednesday. The stock’s fifty day moving average is $27.90 and its two-hundred day moving average is $28.20. Destiny Tech100 has a 52 week low of $19.71 and a 52 week high of $67.69.

Hedge Funds Weigh In On Destiny Tech100

Several institutional investors have recently made changes to their positions in DXYZ. Raymond James Financial Inc. bought a new stake in shares of Destiny Tech100 in the second quarter valued at about $47,000. Farther Finance Advisors LLC purchased a new position in Destiny Tech100 during the 3rd quarter valued at about $47,000. Global Retirement Partners LLC raised its holdings in shares of Destiny Tech100 by 992.1% in the 3rd quarter. Global Retirement Partners LLC now owns 4,150 shares of the company’s stock valued at $88,000 after purchasing an additional 3,770 shares in the last quarter. Creative Financial Designs Inc. ADV purchased a new stake in shares of Destiny Tech100 in the 3rd quarter worth approximately $112,000. Finally, Hazlett Burt & Watson Inc. lifted its position in shares of Destiny Tech100 by 44.4% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 3,900 shares of the company’s stock worth $148,000 after purchasing an additional 1,200 shares during the period.