Wealthspring Capital LLC Buys 229,900 Shares of DT Cloud Star Acquisition Corporation $DTSQ

Wealthspring Capital LLC raised its stake in shares of DT Cloud Star Acquisition Corporation (NASDAQ:DTSQ) by 1,284.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 247,800 shares of the company’s stock after purchasing an additional 229,900 shares during the period. Wealthspring Capital LLC owned 2.78% of DT Cloud Star Acquisition worth $2,572,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Gabelli Funds LLC bought a new position in shares of DT Cloud Star Acquisition in the first quarter worth about $860,000. Quarry LP boosted its stake in shares of DT Cloud Star Acquisition by 100.0% in the first quarter. Quarry LP now owns 200,000 shares of the company’s stock worth $2,052,000 after acquiring an additional 100,000 shares during the period. Westchester Capital Management LLC boosted its stake in shares of DT Cloud Star Acquisition by 182.0% in the first quarter. Westchester Capital Management LLC now owns 352,500 shares of the company’s stock worth $3,613,000 after acquiring an additional 227,500 shares during the period. Wolverine Asset Management LLC boosted its stake in shares of DT Cloud Star Acquisition by 0.3% in the first quarter. Wolverine Asset Management LLC now owns 539,469 shares of the company’s stock worth $5,530,000 after acquiring an additional 1,520 shares during the period. Finally, Mizuho Securities USA LLC boosted its stake in shares of DT Cloud Star Acquisition by 13.6% in the first quarter. Mizuho Securities USA LLC now owns 786,920 shares of the company’s stock worth $7,987,000 after acquiring an additional 94,420 shares during the period.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of DT Cloud Star Acquisition in a research note on Tuesday, October 14th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

DT Cloud Star Acquisition Price Performance

Shares of DT Cloud Star Acquisition stock opened at $10.76 on Wednesday. The stock has a 50 day moving average of $10.51 and a 200 day moving average of $10.44. DT Cloud Star Acquisition Corporation has a 12 month low of $10.02 and a 12 month high of $11.04.

DT Cloud Star Acquisition 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.