DT Cloud Star Acquisition (NASDAQ:DTSQ) Shares Down 0.1% – What’s Next?

Shares of DT Cloud Star Acquisition Corporation (NASDAQ:DTSQ) fell 0.1% on Thursday . The company traded as low as $11.24 and last traded at $11.33. 814 shares traded hands during mid-day trading, a decline of 18% from the average daily volume of 993 shares. The stock had previously closed at $11.34.

DT Cloud Star Acquisition Stock Performance

The firm has a 50-day moving average price of $11.22 and a two-hundred day moving average price of $11.01.

DT Cloud Star Acquisition (NASDAQ:DTSQ) last posted its quarterly 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 added to or reduced their stakes in the stock. Meteora Capital LLC purchased a new position in shares of DT Cloud Star Acquisition during the fourth quarter worth approximately $1,032,000. Clear Street Group Inc. boosted its holdings in shares of DT Cloud Star Acquisition by 44.0% in the fourth quarter. Clear Street Group Inc. now owns 108,780 shares of the company’s stock valued at $1,170,000 after purchasing an additional 33,235 shares during the period. Quarry LP purchased a new position in DT Cloud Star Acquisition during the 4th quarter worth $748,000. Crossingbridge Advisors LLC increased its holdings in DT Cloud Star Acquisition by 100.0% during the 4th quarter. Crossingbridge Advisors LLC now owns 50,000 shares of the company’s stock worth $538,000 after purchasing an additional 25,000 shares during the period. Finally, Wolverine Asset Management LLC bought a new stake in DT Cloud Star Acquisition during the 4th quarter valued at $1,511,000.

About DT Cloud Star Acquisition

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.