DT Cloud Star Acquisition Corp (NASDAQ:DTSQU – Get Free Report) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 31 shares, a decrease of 91.4% from the May 31st total of 362 shares. Based on an average trading volume of 2,052 shares, the short-interest ratio is currently 0.0 days.
DT Cloud Star Acquisition Price Performance
DTSQU remained flat at $11.31 during trading on Friday. 1,017 shares of the company’s stock were exchanged, compared to its average volume of 3,317. The stock has a 50-day simple moving average of $11.48 and a two-hundred day simple moving average of $11.16. DT Cloud Star Acquisition has a twelve month low of $11.19 and a twelve month high of $17.30.
Hedge Funds Weigh In On DT Cloud Star Acquisition
An institutional investor recently raised its position in DT Cloud Star Acquisition stock. Clear Street Group Inc. boosted its stake in shares of DT Cloud Star Acquisition Corp (NASDAQ:DTSQU – Free Report) by 55.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 25,156 shares of the company’s stock after buying an additional 8,974 shares during the period. Clear Street Group Inc.’s holdings in DT Cloud Star Acquisition were worth $275,000 at the end of the most recent quarter.
About DT Cloud Star Acquisition
We are a blank check company incorporated in the Cayman Islands on November 29, 2022 as an exempted company with limited liability (meaning that our public shareholders have no liability, as shareholders of our company, for the liabilities of our company over and above the amount paid for their shares). We were formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities, which we refer to as a “target business.” Our efforts to identify a prospective target business will not be limited to a particular industry or geographic location.
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