DT Cloud Star Acquisition (NASDAQ:DTSQ) Trading Down 0.2% – What’s Next?

DT Cloud Star Acquisition Corporation (NASDAQ:DTSQ)’s stock price dropped 0.2% during mid-day trading on Wednesday . The company traded as low as $11.27 and last traded at $11.27. Approximately 2,347 shares traded hands during mid-day trading, an increase of 2% from the average daily volume of 2,292 shares. The stock had previously closed at $11.29.

DT Cloud Star Acquisition Trading Down 0.2%

The company’s 50-day simple moving average is $11.16 and its 200 day simple moving average is $10.95.

DT Cloud Star Acquisition (NASDAQ:DTSQ) last posted its earnings results on Friday, May 8th. The company reported $0.02 EPS for the quarter.

Hedge Funds Weigh In On DT Cloud Star Acquisition

Hedge funds have recently bought and sold shares of the business. Crossingbridge Advisors LLC increased its position in DT Cloud Star Acquisition by 100.0% during the fourth quarter. Crossingbridge Advisors LLC now owns 50,000 shares of the company’s stock worth $538,000 after buying an additional 25,000 shares during the last quarter. Quarry LP acquired a new position in DT Cloud Star Acquisition during the fourth quarter worth $748,000. Clear Street Group Inc. bought a new position in shares of DT Cloud Star Acquisition in the third quarter valued at approximately $792,000. Meteora Capital LLC bought a new position in shares of DT Cloud Star Acquisition in the fourth quarter valued at approximately $1,032,000. Finally, Wolverine Asset Management LLC bought a new position in shares of DT Cloud Star Acquisition in the fourth quarter valued at approximately $1,511,000.

DT Cloud Star Acquisition Company Profile

DT Cloud Star Acquisition Corporation focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2022 and is based in Brooklyn, New York.