DT Cloud Acquisition Co. (NASDAQ:DYCQ) Sees Significant Decrease in Short Interest

DT Cloud Acquisition Co. (NASDAQ:DYCQ - Get Free Report) was the recipient of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 600 shares, a drop of 25.0% from the February 28th total of 800 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 61,900 shares, the short-interest ratio is currently 0.0 days.

DT Cloud Acquisition Stock Performance

DYCQ remained flat at $10.72 during trading on Thursday. 113 shares of the company's stock traded hands, compared to its average volume of 69,173. DT Cloud Acquisition has a 12 month low of $10.07 and a 12 month high of $11.63. The business has a fifty day moving average of $10.60 and a 200-day moving average of $10.47.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in DYCQ. K2 Principal Fund L.P. acquired a new stake in shares of DT Cloud Acquisition in the 3rd quarter valued at approximately $629,000. Quarry LP grew its stake in DT Cloud Acquisition by 78.4% in the 3rd quarter. Quarry LP now owns 170,625 shares of the company's stock valued at $1,759,000 after acquiring an additional 75,000 shares during the last quarter. Wolverine Asset Management LLC increased its stake in shares of DT Cloud Acquisition by 0.6% during the 4th quarter. Wolverine Asset Management LLC now owns 233,441 shares of the company's stock worth $2,437,000 after purchasing an additional 1,333 shares in the last quarter. Toronto Dominion Bank purchased a new position in DT Cloud Acquisition during the fourth quarter worth $2,654,000. Finally, Berkley W R Corp purchased a new stake in DT Cloud Acquisition during the 3rd quarter worth about $3,332,000.

About DT Cloud Acquisition

DT Cloud Acquisition Corporation does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more target businesses. The company was incorporated in 2022 and is based in London, the United Kingdom.