DT Cloud Star Acquisition (NASDAQ:DTSQ) Trading Down 0.2% – Should You Sell?

Shares of DT Cloud Star Acquisition Corporation (NASDAQ:DTSQ) dropped 0.2% on Wednesday . The stock traded as low as $11.27 and last traded at $11.27. Approximately 2,347 shares were traded during trading, an increase of 2% from the average daily volume of 2,292 shares. The stock had previously closed at $11.29.

DT Cloud Star Acquisition Trading Down 0.3%

The firm has a 50-day moving average price of $11.17 and a two-hundred day moving average price of $10.96.

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

Institutional Trading of DT Cloud Star Acquisition

A number of hedge funds have recently made changes to their positions in DTSQ. Gabelli Funds LLC lifted its position in shares of DT Cloud Star Acquisition by 100.0% in the second quarter. Gabelli Funds LLC now owns 168,000 shares of the company’s stock valued at $1,744,000 after buying an additional 84,000 shares during the last quarter. Berkley W R Corp increased its stake in shares of DT Cloud Star Acquisition by 69.5% during the third quarter. Berkley W R Corp now owns 673,926 shares of the company’s stock worth $7,049,000 after purchasing an additional 276,278 shares during the period. Clear Street Group Inc. acquired a new stake in DT Cloud Star Acquisition during the 3rd quarter worth approximately $792,000. Wolverine Asset Management LLC acquired a new stake in DT Cloud Star Acquisition during the 4th quarter worth approximately $1,511,000. Finally, Crossingbridge Advisors LLC lifted its holdings in DT Cloud Star Acquisition by 100.0% during the 4th 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 last quarter.

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.