DT Cloud Acquisition Co. (NASDAQ:DYCQ) Sees Large Increase in Short Interest

DT Cloud Acquisition Co. (NASDAQ:DYCQ) was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totalling 700 shares, a growth of 600.0% from the July 15th total of 100 shares. Based on an average daily volume of 18,400 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Wolverine Asset Management LLC acquired a new stake in DT Cloud Acquisition during the 2nd quarter worth approximately $1,785,000. Cowen AND Company LLC purchased a new stake in shares of DT Cloud Acquisition during the 2nd quarter worth approximately $1,865,000. Warberg Asset Management LLC purchased a new position in shares of DT Cloud Acquisition in the second quarter valued at $263,000. Finally, Clear Street LLC bought a new position in shares of DT Cloud Acquisition in the second quarter valued at approximately $459,000.

DT Cloud Acquisition Trading Down 0.2 %

DYCQ traded down $0.02 during trading hours on Wednesday, reaching $10.25. The company’s stock had a trading volume of 2 shares, compared to its average volume of 72,887. The company’s 50-day simple moving average is $10.20. DT Cloud Acquisition has a 52 week low of $10.07 and a 52 week high of $10.30.

About DT Cloud Acquisition

DT Cloud Acquisition Corporation does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more target businesses. The company was incorporated in 2022 and is based in London, the United Kingdom.