Destiny Media Technologies Inc. (OTCMKTS:DSNY) Short Interest Update

Destiny Media Technologies Inc. (OTCMKTS:DSNY) was the target of a significant decline in short interest in May. As of May 31st, there was short interest totalling 2,500 shares, a decline of 55.4% from the May 15th total of 5,600 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 7,400 shares, the days-to-cover ratio is presently 0.3 days.

Destiny Media Technologies Price Performance

OTCMKTS DSNY remained flat at $0.58 during trading hours on Monday. The firm has a 50 day moving average price of $0.53 and a two-hundred day moving average price of $0.60. Destiny Media Technologies has a 52-week low of $0.36 and a 52-week high of $1.15. The stock has a market cap of $5.59 million, a P/E ratio of -58.00 and a beta of 0.78.

Destiny Media Technologies (OTCMKTS:DSNY) last announced its quarterly earnings data on Monday, April 14th. The technology company reported ($0.03) EPS for the quarter. Destiny Media Technologies had a negative return on equity of 0.62% and a negative net margin of 0.42%. The company had revenue of $1.02 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.