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

Destiny Media Technologies Inc. (OTCMKTS:DSNY) saw a significant increase in short interest in March. As of March 31st, there was short interest totalling 3,300 shares, an increase of 32.0% from the March 15th total of 2,500 shares. Based on an average trading volume of 2,500 shares, the days-to-cover ratio is currently 1.3 days.

Destiny Media Technologies Trading Down 3.5 %

DSNY opened at $1.10 on Monday. The stock has a fifty day simple moving average of $1.05 and a two-hundred day simple moving average of $1.02. The company has a market cap of $10.80 million, a price-to-earnings ratio of 55.00 and a beta of 1.06. Destiny Media Technologies has a 12-month low of $0.59 and a 12-month high of $1.19.

Destiny Media Technologies (OTCMKTS:DSNY) last issued its quarterly earnings results on Tuesday, January 16th. The technology company reported $0.02 earnings per share for the quarter. Destiny Media Technologies had a return on equity of 9.46% and a net margin of 7.84%. The firm had revenue of $1.16 million during the quarter.

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.