DT Cloud Star Acquisition Corp (NASDAQ:DTSQU) Short Interest Up 135.5% in June

DT Cloud Star Acquisition Corp (NASDAQ:DTSQU) was the recipient of a significant increase in short interest in June. As of June 30th, there was short interest totaling 73 shares, an increase of 135.5% from the June 15th total of 31 shares. Based on an average trading volume of 1,300 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in DT Cloud Star Acquisition stock. Clear Street Group Inc. acquired a new stake in shares of DT Cloud Star Acquisition Corp (NASDAQ:DTSQU) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 16,182 shares of the company’s stock, valued at approximately $172,000.

DT Cloud Star Acquisition Price Performance

Shares of DT Cloud Star Acquisition stock remained flat at $11.31 during midday trading on Wednesday. The business has a 50 day moving average price of $11.55 and a 200 day moving average price of $11.20. DT Cloud Star Acquisition has a 12 month low of $11.19 and a 12 month high of $17.30.

DT Cloud Star Acquisition Company Profile

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.