Short Interest in DT Cloud Star Acquisition Corporation (NASDAQ:DTSQ) Decreases By 32.4%

DT Cloud Star Acquisition Corporation (NASDAQ:DTSQ) was the target of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 552 shares, a decrease of 32.4% from the July 30th total of 816 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 444 shares, the short-interest ratio is presently 1.2 days.

DT Cloud Star Acquisition Stock Performance

DTSQ stock opened at $11.36 on Wednesday. The business has a 50 day simple moving average of $11.33 and a 200-day simple moving average of $11.21. DT Cloud Star Acquisition has a 1 year low of $10.45 and a 1 year high of $12.90.

DT Cloud Star Acquisition (NASDAQ:DTSQ) last announced its quarterly earnings data on Monday, August 3rd. The company reported $0.06 EPS for the quarter.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Meteora Capital LLC acquired a new position in shares of DT Cloud Star Acquisition during the 4th quarter valued at about $1,032,000. Clear Street Group Inc. increased 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 worth $1,170,000 after purchasing an additional 33,235 shares during the last quarter. Quarry LP purchased a new position in DT Cloud Star Acquisition during the fourth quarter worth about $748,000. Crossingbridge Advisors LLC raised its stake in DT Cloud Star Acquisition by 100.0% during the fourth quarter. Crossingbridge Advisors LLC now owns 50,000 shares of the company’s stock worth $538,000 after purchasing an additional 25,000 shares during the period. Finally, Wolverine Asset Management LLC acquired a new position in DT Cloud Star Acquisition in the 4th quarter valued at about $1,511,000.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of DT Cloud Star Acquisition from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, July 13th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold”.

DT Cloud Star Acquisition Company Profile

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.