Crossingbridge Advisors LLC Has $1.54 Million Stock Position in 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 lowered its stake in shares of DT Cloud Star Acquisition Corporation (NASDAQ:DTSQ - Free Report) by 53.8% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 150,000 shares of the company's stock after selling 175,000 shares during the period. DT Cloud Star Acquisition accounts for 0.8% of Crossingbridge Advisors LLC's holdings, making the stock its 28th biggest position. Crossingbridge Advisors LLC owned about 1.69% of DT Cloud Star Acquisition worth $1,535,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Toronto Dominion Bank bought a new stake in DT Cloud Star Acquisition during the fourth quarter worth $4,603,000. Hudson Bay Capital Management LP grew its position in shares of DT Cloud Star Acquisition by 95.2% in the 4th quarter. Hudson Bay Capital Management LP now owns 546,000 shares of the company's stock valued at $5,498,000 after acquiring an additional 266,300 shares during the period. D. E. Shaw & Co. Inc. increased its stake in shares of DT Cloud Star Acquisition by 60.0% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 400,000 shares of the company's stock worth $4,028,000 after purchasing an additional 150,000 shares during the last quarter. Quarry LP acquired a new position in shares of DT Cloud Star Acquisition during the 4th quarter worth about $1,007,000. Finally, Mizuho Securities USA LLC raised its holdings in shares of DT Cloud Star Acquisition by 13.6% in the 1st 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 during the period.

DT Cloud Star Acquisition Trading Up 0.1%

Shares of NASDAQ:DTSQ opened at $10.45 on Thursday. DT Cloud Star Acquisition Corporation has a 52-week low of $9.96 and a 52-week high of $10.47. The company has a 50-day simple moving average of $10.45 and a 200 day simple moving average of $10.33.

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.

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