Destiny Tech100 (NYSE:DXYZ) Trading Down 8.4% – Here’s Why

Destiny Tech100 Inc. (NYSE:DXYZ)’s stock price dropped 8.4% on Thursday . The stock traded as low as $30.88 and last traded at $32.4620. Approximately 2,443,685 shares changed hands during mid-day trading, an increase of 77% from the average daily volume of 1,377,940 shares. The stock had previously closed at $35.42.

Destiny Tech100 Trading Up 5.7%

The business has a fifty day moving average of $29.35 and a 200 day moving average of $27.95.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of DXYZ. CWM LLC bought a new stake in Destiny Tech100 in the 4th quarter valued at $37,000. Farther Finance Advisors LLC raised its position in shares of Destiny Tech100 by 74.5% in the 4th quarter. Farther Finance Advisors LLC now owns 3,840 shares of the company’s stock valued at $118,000 after buying an additional 1,640 shares in the last quarter. Stratos Wealth Partners LTD. bought a new stake in Destiny Tech100 during the fourth quarter worth $391,000. Genesis Financial Group LLC bought a new stake in shares of Destiny Tech100 during the 4th quarter worth $306,000. Finally, AA Financial Advisors LLC bought a new position in shares of Destiny Tech100 in the fourth quarter worth about $2,144,000.