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

DT Cloud Star Acquisition Corp (NASDAQ:DTSQU) saw a significant decrease in short interest during 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 short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

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

DT Cloud Star Acquisition Price Performance

DTSQU stock remained flat at $11.31 during midday trading on Friday. The company had a trading volume of 1,017 shares, compared to its average volume of 3,317. The business’s fifty day moving average price is $11.49 and its two-hundred day moving average price is $11.15. DT Cloud Star Acquisition has a 1 year low of $11.19 and a 1 year high of $17.30.

DT Cloud Star Acquisition Company Profile

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.