DT Cloud Star Acquisition (NASDAQ:DTSQ) Trading Down 0.1% – What’s Next?

DT Cloud Star Acquisition Corporation (NASDAQ:DTSQ) shares traded down 0.1% during mid-day trading on Thursday . The company traded as low as $11.24 and last traded at $11.33. 814 shares traded hands during trading, a decline of 18% from the average daily volume of 993 shares. The stock had previously closed at $11.34.

DT Cloud Star Acquisition Stock Performance

The firm’s 50 day simple moving average is $11.23 and its 200 day simple moving average is $11.02.

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

Institutional Investors Weigh In On DT Cloud Star Acquisition

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DTSQ. Meteora Capital LLC purchased a new position in shares of DT Cloud Star Acquisition during the 4th quarter valued at about $1,032,000. Clear Street Group Inc. boosted its stake in shares of DT Cloud Star Acquisition by 44.0% in the fourth quarter. Clear Street Group Inc. now owns 108,780 shares of the company’s stock worth $1,170,000 after buying an additional 33,235 shares during the last quarter. Quarry LP purchased a new stake in shares of DT Cloud Star Acquisition in the fourth quarter worth about $748,000. Crossingbridge Advisors LLC grew its holdings 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 acquiring an additional 25,000 shares during the period. Finally, Wolverine Asset Management LLC acquired a new stake in DT Cloud Star Acquisition during the fourth quarter worth about $1,511,000.

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.