DT Cloud Acquisition Corporation (NASDAQ:DYCQ) Short Interest Up 110.0% in July

DT Cloud Acquisition Corporation (NASDAQ:DYCQ - Get Free Report) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 2,100 shares, agrowthof110.0% from the June 30th total of 1,000 shares. Based on an average daily trading volume, of 1,000 shares, the short-interest ratio is presently 2.1 days. Approximately0.0% of the company's shares are short sold. Approximately0.0% of the company's shares are short sold. Based on an average daily trading volume, of 1,000 shares, the short-interest ratio is presently 2.1 days.

Hedge Funds Weigh In On DT Cloud Acquisition

Several hedge funds and other institutional investors have recently made changes to their positions in DYCQ. Toronto Dominion Bank acquired a new stake in DT Cloud Acquisition in the 4th quarter valued at $2,654,000. Tabor Asset Management LP acquired a new stake in shares of DT Cloud Acquisition in the first quarter valued at about $2,951,000. Berkley W R Corp grew its stake in shares of DT Cloud Acquisition by 15.4% in the fourth quarter. Berkley W R Corp now owns 372,910 shares of the company's stock valued at $3,893,000 after buying an additional 49,700 shares in the last quarter. Wolverine Asset Management LLC raised its holdings in shares of DT Cloud Acquisition by 57.5% during the 1st quarter. Wolverine Asset Management LLC now owns 367,743 shares of the company's stock valued at $3,942,000 after buying an additional 134,302 shares during the period. Finally, Westchester Capital Management LLC lifted its position in DT Cloud Acquisition by 23.8% during the 1st quarter. Westchester Capital Management LLC now owns 469,000 shares of the company's stock worth $5,018,000 after acquiring an additional 90,064 shares in the last quarter.

DT Cloud Acquisition Stock Down 4.2%

Shares of DYCQ stock opened at $10.83 on Tuesday. DT Cloud Acquisition has a fifty-two week low of $10.21 and a fifty-two week high of $11.63. The firm's 50 day moving average price is $10.80 and its two-hundred day moving average price is $10.70.

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.

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