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

Key Points

• Short interest rose 28.9% in March for Destiny Tech100 (NYSE:DXYZ), climbing to 2,922,917 shares — about 26.9% of the stock is sold short and the short-interest ratio is roughly 1.0 days.
• Shares opened at $29.72 (down 1.3%), trading near the 50- and 200-day moving averages (~$28) with a 1-year range of $19.71 to $50.50.
• Institutional activity includes a new $2.144M stake by AA Financial Advisors and sizable increases by other firms (e.g., Hazlett Burt & Watson and Global Retirement Partners), indicating growing investor interest.

Destiny Tech100 Inc. (NYSE:DXYZ - Get Free Report) was the recipient of a significant growth in short interest in the month of 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 short-interest ratio is currently 1.0 days. Approximately 26.9% of the shares of the stock are sold short.

Destiny Tech100 Stock Down 1.3%

Shares of DXYZ stock opened at $29.72 on Thursday. The business's fifty day moving average price is $27.99 and its 200 day moving average price is $27.74. Destiny Tech100 has a 1-year low of $19.71 and a 1-year high of $50.50.

Institutional Trading of Destiny Tech100

Large investors have recently bought and sold shares of the company. AA Financial Advisors LLC acquired a new stake in Destiny Tech100 in the fourth quarter valued at $2,144,000. Creative Financial Designs Inc. ADV acquired a new stake in Destiny Tech100 in the third quarter valued at $112,000. Hazlett Burt & Watson Inc. grew its holdings in Destiny Tech100 by 119.0% in the third quarter. Hazlett Burt & Watson Inc. now owns 8,540 shares of the company's stock valued at $183,000 after purchasing an additional 4,640 shares during the last quarter. Global Retirement Partners LLC grew its holdings in 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 purchasing an additional 3,770 shares during the last quarter. Finally, Farther Finance Advisors LLC acquired a new stake in Destiny Tech100 in the third quarter valued at $47,000.

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