Destiny Media Technologies Inc. (OTCMKTS:DSNY – Get Free Report) was the target of a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 5,165 shares, an increase of 3,030.3% from the October 15th total of 165 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 2,575 shares, the short-interest ratio is presently 2.0 days.
Destiny Media Technologies Price Performance
Shares of OTCMKTS DSNY remained flat at $0.50 during midday trading on Tuesday. The firm has a market capitalization of $4.82 million, a PE ratio of -4.55 and a beta of 0.41. Destiny Media Technologies has a twelve month low of $0.24 and a twelve month high of $0.81. The firm has a 50-day moving average of $0.54 and a 200-day moving average of $0.58.
About Destiny Media Technologies
Destiny Media Technologies Inc. is a Vancouver, British Columbia-based software company that develops digital media delivery and distribution technologies. Its products have primarily served the music and entertainment industries, with an emphasis on secure, efficient online delivery of audio and video content. The company’s principal product is Play MPE, a digital music distribution platform designed to help record labels, artists, promoters and other music professionals deliver promotional releases to authorized recipients.
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