Crossingbridge Advisors LLC Sells 175,000 Shares of DT Cloud Star Acquisition Corporation $DTSQ

Key Points

• Crossingbridge Advisors LLC reduced its stake in DT Cloud Star Acquisition Corporation by 53.8%, with its holdings dropping to 150,000 shares valued at approximately $1.54 million.
• Other institutional investors also altered their positions, including Toronto Dominion Bank, which invested $4.6 million, and Hudson Bay Capital Management, which increased its stake by 95.2%.
• DT Cloud Star Acquisition's stock is currently trading at $10.45, within a 52-week range of $9.96 to $10.47.

Crossingbridge Advisors LLC decreased its holdings in shares of DT Cloud Star Acquisition Corporation (NASDAQ:DTSQ - Free Report) by 53.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 150,000 shares of the company's stock after selling 175,000 shares during the quarter. DT Cloud Star Acquisition accounts for approximately 0.8% of Crossingbridge Advisors LLC's holdings, making the stock its 28th biggest position. Crossingbridge Advisors LLC owned approximately 1.69% of DT Cloud Star Acquisition worth $1,535,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Mizuho Securities USA LLC grew its stake in DT Cloud Star Acquisition by 13.6% in the first quarter. Mizuho Securities USA LLC now owns 786,920 shares of the company's stock valued at $7,987,000 after purchasing an additional 94,420 shares in the last quarter. Wolverine Asset Management LLC grew its stake in DT Cloud Star Acquisition by 0.3% in the first quarter. Wolverine Asset Management LLC now owns 539,469 shares of the company's stock valued at $5,530,000 after purchasing an additional 1,520 shares in the last quarter. Toronto Dominion Bank purchased a new position in DT Cloud Star Acquisition in the fourth quarter valued at about $4,603,000. Tidal Investments LLC purchased a new position in DT Cloud Star Acquisition in the fourth quarter valued at about $128,000. Finally, Hudson Bay Capital Management LP grew its stake in DT Cloud Star Acquisition by 95.2% in the fourth quarter. Hudson Bay Capital Management LP now owns 546,000 shares of the company's stock valued at $5,498,000 after purchasing an additional 266,300 shares in the last quarter.

DT Cloud Star Acquisition Stock Performance

NASDAQ DTSQ traded up $0.06 on Tuesday, reaching $10.51. The stock had a trading volume of 228 shares, compared to its average volume of 10,602. The business has a 50 day moving average price of $10.45 and a 200 day moving average price of $10.34. DT Cloud Star Acquisition Corporation has a 1 year low of $9.96 and a 1 year high of $10.47.

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.