Short Interest in Destiny Media Technologies Inc. (OTCMKTS:DSNY) Rises By 7.1%

Destiny Media Technologies Inc. (OTCMKTS:DSNY) was the target of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 4,500 shares, a growth of 7.1% from the October 31st total of 4,200 shares. Based on an average daily volume of 7,500 shares, the days-to-cover ratio is presently 0.6 days.

Destiny Media Technologies Price Performance

Shares of OTCMKTS:DSNY opened at $0.89 on Tuesday. Destiny Media Technologies has a 12-month low of $0.56 and a 12-month high of $1.15. The stock’s 50-day moving average price is $0.85 and its two-hundred day moving average price is $0.86.

Destiny Media Technologies Company Profile

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.