DT Cloud Star Acquisition Corporation (NASDAQ:DTSQ) Short Interest Down 57.6% in July

DT Cloud Star Acquisition Corporation (NASDAQ:DTSQGet Free Report) was the recipient of a large drop in short interest in July. As of July 31st, there was short interest totaling 816 shares, a drop of 57.6% from the July 15th total of 1,925 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 4,893 shares, the days-to-cover ratio is currently 0.2 days.

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 investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

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DT Cloud Star Acquisition Stock Performance

Shares of DTSQ stock traded up $0.07 on Monday, reaching $11.33. 343 shares of the company’s stock traded hands, compared to its average volume of 2,714. DT Cloud Star Acquisition has a 12-month low of $10.43 and a 12-month high of $12.90. The business’s 50 day moving average price is $11.31 and its two-hundred day moving average price is $11.17.

DT Cloud Star Acquisition (NASDAQ:DTSQGet Free Report) last released its earnings results on Monday, August 3rd. The company reported $0.06 earnings per share (EPS) for the quarter.

Institutional Investors Weigh In On DT Cloud Star Acquisition

A number of hedge funds have recently made changes to their positions in the company. Gabelli Funds LLC grew its stake in DT Cloud Star Acquisition by 100.0% during the second quarter. Gabelli Funds LLC now owns 168,000 shares of the company’s stock worth $1,744,000 after buying an additional 84,000 shares during the last quarter. Wolverine Asset Management LLC acquired a new stake in DT Cloud Star Acquisition during the 4th quarter worth approximately $1,511,000. Clear Street Group Inc. lifted 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 period. Meteora Capital LLC acquired a new stake in shares of DT Cloud Star Acquisition during the 4th quarter valued at $1,032,000. Finally, Quarry LP bought a new position in shares of DT Cloud Star Acquisition during the fourth quarter valued at $748,000.

DT Cloud Star Acquisition Company Profile

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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.

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