DT Cloud Star Acquisition Corporation (NASDAQ:DTSQ) Short Interest Down 32.4% in August

DT Cloud Star Acquisition Corporation (NASDAQ:DTSQ) was the target of a large decrease in short interest in 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. Based on an average trading volume of 444 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.0% of the shares of the stock are short sold.

DT Cloud Star Acquisition Price Performance

DTSQ stock opened at $11.35 on Thursday. DT Cloud Star Acquisition has a 52-week low of $10.45 and a 52-week high of $12.90. The business has a fifty day moving average of $11.33 and a two-hundred day moving average of $11.21.

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded 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 has a consensus rating of “Hold”.

Hedge Funds Weigh In On DT Cloud Star Acquisition

Large investors have recently bought and sold shares of the business. Crossingbridge Advisors LLC boosted its holdings in shares of DT Cloud Star Acquisition by 100.0% in the 4th quarter. Crossingbridge Advisors LLC now owns 50,000 shares of the company’s stock valued at $538,000 after buying an additional 25,000 shares in the last quarter. Quarry LP acquired a new stake in DT Cloud Star Acquisition during the 4th quarter worth $748,000. Meteora Capital LLC purchased a new stake in DT Cloud Star Acquisition in the fourth quarter valued at $1,032,000. Clear Street Group Inc. lifted its position in 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 valued at $1,170,000 after acquiring an additional 33,235 shares during the last quarter. Finally, Wolverine Asset Management LLC acquired a new position in DT Cloud Star Acquisition in the fourth quarter valued at $1,511,000.

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.