DT Cloud Acquisition (NASDAQ:DYCQ) Shares Down 0.3% - Should You Sell?

DT Cloud Acquisition Corporation (NASDAQ:DYCQ - Get Free Report) was down 0.3% on Wednesday . The stock traded as low as $10.86 and last traded at $10.85. Approximately 181 shares changed hands during trading, a decline of 100% from the average daily volume of 51,596 shares. The stock had previously closed at $10.88.

DT Cloud Acquisition Stock Performance

The company has a fifty day simple moving average of $10.77 and a 200 day simple moving average of $10.66.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Mizuho Securities USA LLC increased its position in DT Cloud Acquisition by 2.1% in the 4th quarter. Mizuho Securities USA LLC now owns 729,700 shares of the company's stock valued at $7,567,000 after buying an additional 14,700 shares in the last quarter. Westchester Capital Management LLC boosted its stake 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 valued at $5,018,000 after purchasing an additional 90,064 shares during the last quarter. Berkley W R Corp boosted its stake in DT Cloud Acquisition by 15.4% during the 4th quarter. Berkley W R Corp now owns 372,910 shares of the company's stock valued at $3,893,000 after purchasing an additional 49,700 shares during the last quarter. Wolverine Asset Management LLC boosted its stake in 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 purchasing an additional 134,302 shares during the last quarter. Finally, Tabor Asset Management LP acquired a new position in DT Cloud Acquisition during the 1st quarter valued at about $2,951,000.

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.