Destiny Media Technologies Inc. (OTCMKTS:DSNY) Short Interest Up 55.6% in November

Destiny Media Technologies Inc. (OTCMKTS:DSNY) was the recipient of a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 7,000 shares, an increase of 55.6% from the November 15th total of 4,500 shares. Based on an average trading volume of 2,800 shares, the days-to-cover ratio is currently 2.5 days.

Destiny Media Technologies Price Performance

OTCMKTS:DSNY remained flat at $0.81 during mid-day trading on Friday. The business’s 50 day moving average is $0.86 and its 200-day moving average is $0.86. Destiny Media Technologies has a 52-week low of $0.56 and a 52-week high of $1.15.

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.