DT Cloud Acquisition Co. (NASDAQ:DYCQ) Short Interest Down 25.0% in March

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

Hedge Funds Weigh In On DT Cloud Acquisition

Institutional investors and hedge funds have recently made changes to their positions in the company. Berkley W R Corp acquired a new position in shares of DT Cloud Acquisition in the third quarter valued at about $3,332,000. Quarry LP raised its holdings 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 in the last quarter. K2 Principal Fund L.P. bought a new stake in shares of DT Cloud Acquisition during the 3rd quarter valued at $629,000. Wolverine Asset Management LLC grew its holdings 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. Finally, Mizuho Securities USA LLC increased its position in shares of DT Cloud Acquisition by 2.1% in the fourth quarter. Mizuho Securities USA LLC now owns 729,700 shares of the company’s stock worth $7,567,000 after purchasing an additional 14,700 shares during the period.

DT Cloud Acquisition Stock Performance

Shares of DYCQ stock traded down $0.02 during midday trading on Monday, hitting $10.71. 113 shares of the company were exchanged, compared to its average volume of 69,173. DT Cloud Acquisition has a 52 week low of $10.07 and a 52 week high of $11.63. The firm’s 50 day moving average price is $10.59 and its two-hundred day moving average price is $10.46.

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.