DT Cloud Star Acquisition Corp (NASDAQ:DTSQU) Sees Large Growth in Short Interest

DT Cloud Star Acquisition Corp (NASDAQ:DTSQU) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totaling 73 shares, a growth of 135.5% from the June 15th total of 31 shares. Based on an average daily trading volume, of 1,300 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On DT Cloud Star Acquisition

A hedge fund recently raised its position in DT Cloud Star Acquisition stock. Clear Street Group Inc. lifted its stake in shares of DT Cloud Star Acquisition Corp (NASDAQ:DTSQU) by 55.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 25,156 shares of the company’s stock after purchasing an additional 8,974 shares during the period. Clear Street Group Inc.’s holdings in DT Cloud Star Acquisition were worth $275,000 as of its most recent filing with the SEC.

DT Cloud Star Acquisition Price Performance

DTSQU remained flat at $11.31 during trading on Tuesday. The stock has a 50 day simple moving average of $11.53 and a 200 day simple moving average of $11.19. DT Cloud Star Acquisition has a twelve month low of $11.19 and a twelve month high of $17.30.

About DT Cloud Star Acquisition

We are a blank check company incorporated in the Cayman Islands on November 29, 2022 as an exempted company with limited liability (meaning that our public shareholders have no liability, as shareholders of our company, for the liabilities of our company over and above the amount paid for their shares). We were formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities, which we refer to as a “target business.” Our efforts to identify a prospective target business will not be limited to a particular industry or geographic location.