DT Cloud Star Acquisition Corporation (NASDAQ:DTSQ) Short Interest Update

DT Cloud Star Acquisition Corporation (NASDAQ:DTSQ) saw a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 1,880 shares, a drop of 39.6% from the June 15th total of 3,115 shares. Based on an average daily trading volume, of 5,667 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of DT Cloud Star Acquisition from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Crossingbridge Advisors LLC grew its stake in shares of DT Cloud Star Acquisition by 100.0% during the 4th quarter. Crossingbridge Advisors LLC now owns 50,000 shares of the company’s stock valued at $538,000 after purchasing an additional 25,000 shares during the period. Quarry LP purchased a new position in shares of DT Cloud Star Acquisition in the fourth quarter worth approximately $748,000. Meteora Capital LLC bought a new stake in DT Cloud Star Acquisition during the fourth quarter valued at approximately $1,032,000. Clear Street Group Inc. grew its position in DT Cloud Star Acquisition by 44.0% during the fourth quarter. Clear Street Group Inc. now owns 108,780 shares of the company’s stock valued at $1,170,000 after buying an additional 33,235 shares during the period. Finally, Wolverine Asset Management LLC purchased a new stake in DT Cloud Star Acquisition during the fourth quarter valued at approximately $1,511,000.

DT Cloud Star Acquisition Trading Down 0.3%

NASDAQ:DTSQ traded down $0.03 during trading hours on Friday, reaching $11.37. The company had a trading volume of 1,636 shares, compared to its average volume of 4,350. The firm’s 50 day moving average price is $11.27 and its 200-day moving average price is $11.09. DT Cloud Star Acquisition has a 52 week low of $10.38 and a 52 week high of $12.90.

DT Cloud Star Acquisition (NASDAQ:DTSQ) last released its quarterly earnings results on Friday, May 8th. The company reported $0.02 earnings per share for the quarter.

About DT Cloud Star Acquisition

DT Cloud Star Acquisition Corporation focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2022 and is based in Brooklyn, New York.