Short Interest in DT Cloud Star Acquisition Corp (NASDAQ:DTSQU) Decreases By 91.4%

DT Cloud Star Acquisition Corp (NASDAQ:DTSQU) saw a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 31 shares, a decrease of 91.4% from the May 31st total of 362 shares. Based on an average daily volume of 2,052 shares, the days-to-cover ratio is presently 0.0 days.

DT Cloud Star Acquisition Trading Down 0.2%

DT Cloud Star Acquisition stock traded down $0.02 during midday trading on Thursday, reaching $11.31. 1,017 shares of the company’s stock were exchanged, compared to its average volume of 3,317. DT Cloud Star Acquisition has a 52 week low of $11.19 and a 52 week high of $17.30. The stock’s 50-day simple moving average is $11.51 and its 200 day simple moving average is $11.15.

Institutional Trading of DT Cloud Star Acquisition

A hedge fund recently bought a new stake in DT Cloud Star Acquisition stock. Clear Street Group Inc. bought a new position in shares of DT Cloud Star Acquisition Corp (NASDAQ:DTSQU) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 16,182 shares of the company’s stock, valued at approximately $172,000.

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.