DT Cloud Acquisition Co. (NASDAQ:DYCQ) Short Interest Update

DT Cloud Acquisition Co. (NASDAQ:DYCQ) saw a significant growth in short interest in October. As of October 31st, there was short interest totalling 9,500 shares, a growth of 6.7% from the October 15th total of 8,900 shares. Based on an average daily trading volume, of 31,000 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are sold short.

DT Cloud Acquisition Stock Down 0.1 %

Shares of DT Cloud Acquisition stock traded down $0.01 during trading on Tuesday, reaching $10.38. The company’s stock had a trading volume of 5,950 shares, compared to its average volume of 61,310. The company has a 50-day simple moving average of $10.35 and a two-hundred day simple moving average of $10.26. DT Cloud Acquisition has a 1-year low of $10.07 and a 1-year high of $10.43.

Institutional Investors Weigh In On DT Cloud Acquisition

Several hedge funds have recently added to or reduced their stakes in the business. Quarry LP purchased a new position in shares of DT Cloud Acquisition in the 2nd quarter valued at about $975,000. Wolverine Asset Management LLC purchased a new stake in DT Cloud Acquisition in the 2nd quarter worth $1,785,000. Whitebox Advisors LLC purchased a new stake in shares of DT Cloud Acquisition during the second quarter worth about $1,095,000. Warberg Asset Management LLC acquired a new position in shares of DT Cloud Acquisition during the 2nd quarter worth about $263,000. Finally, Clear Street LLC purchased a new position in DT Cloud Acquisition in the 2nd quarter valued at about $459,000.

DT Cloud Acquisition Company Profile

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.