Destiny Tech100 Inc. (NYSE:DXYZ) Short Interest Down 49.5% in May

Destiny Tech100 Inc. (NYSE:DXYZ) saw a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 1,492,410 shares, a drop of 49.5% from the April 30th total of 2,955,758 shares. Approximately 13.7% of the shares of the company are short sold. Based on an average daily trading volume, of 6,097,924 shares, the short-interest ratio is currently 0.2 days.

Destiny Tech100 Stock Down 6.6%

DXYZ traded down $3.44 on Monday, hitting $49.06. The company’s stock had a trading volume of 5,906,763 shares, compared to its average volume of 2,594,743. The company’s 50 day simple moving average is $37.91 and its 200-day simple moving average is $31.71. Destiny Tech100 has a 12 month low of $19.71 and a 12 month high of $72.87.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of DXYZ. Geneos Wealth Management Inc. boosted its holdings in Destiny Tech100 by 51.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 980 shares of the company’s stock worth $26,000 after buying an additional 332 shares during the period. Sunbelt Securities Inc. bought a new position in Destiny Tech100 in the 4th quarter worth approximately $28,000. CWM LLC bought a new position in Destiny Tech100 in the 4th quarter worth approximately $37,000. Royal Bank of Canada boosted its holdings 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 buying an additional 817 shares during the period. Finally, Clearstead Trust LLC bought a new position in Destiny Tech100 in the 4th quarter worth approximately $42,000.