DT Cloud Acquisition Co. (NASDAQ:DYCQ - Get Free Report) was the recipient of a large drop in short interest during the month of September. As of September 15th, there was short interest totalling 9,100 shares, a drop of 31.1% from the August 31st total of 13,200 shares. Currently, 0.1% of the company's shares are sold short. Based on an average daily trading volume, of 31,800 shares, the days-to-cover ratio is presently 0.3 days.
DT Cloud Acquisition Price Performance
Shares of NASDAQ DYCQ remained flat at $10.30 on Friday. 166,405 shares of the company's stock were exchanged, compared to its average volume of 73,214. The stock has a 50 day simple moving average of $10.26. DT Cloud Acquisition has a fifty-two week low of $10.07 and a fifty-two week high of $10.30.
Institutional Trading of DT Cloud Acquisition
Institutional investors and hedge funds have recently modified their holdings of the business. Shaolin Capital Management LLC bought a new position in shares of DT Cloud Acquisition during the 2nd quarter valued at $5,156,000. Cowen AND Company LLC bought a new position in DT Cloud Acquisition in the second quarter valued at about $1,865,000. Wolverine Asset Management LLC bought a new stake in shares of DT Cloud Acquisition during the 2nd quarter valued at about $1,785,000. Glazer Capital LLC bought a new stake in shares of DT Cloud Acquisition during the 2nd quarter valued at about $1,278,000. Finally, Whitebox Advisors LLC purchased a new stake in shares of DT Cloud Acquisition during the 2nd quarter valued at about $1,095,000.
About DT Cloud Acquisition
(
Get Free Report)
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.
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