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Gabelli Funds LLC Makes New Investment in DT Cloud Star Acquisition Corporation $DTSQ

DT Cloud Star Acquisition logo with Financial Services background

Key Points

  • Gabelli Funds LLC acquired 84,000 shares of DT Cloud Star Acquisition Corporation (NASDAQ:DTSQ) valued at approximately $860,000, indicating institutional interest in the company.
  • Other institutions, such as Mizuho Securities USA LLC and Hudson Bay Capital Management LP, also increased their stakes in DTSQ, with Mizuho adding 94,420 shares.
  • DT Cloud Star Acquisition's stock performance shows a stable trading range, with a current price of $10.45 and a 1-year high of $10.47.
  • Interested in DT Cloud Star Acquisition? Here are five stocks we like better.

Gabelli Funds LLC bought a new stake in DT Cloud Star Acquisition Corporation (NASDAQ:DTSQ - Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 84,000 shares of the company's stock, valued at approximately $860,000. Gabelli Funds LLC owned about 0.94% of DT Cloud Star Acquisition at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Tidal Investments LLC acquired a new position in shares of DT Cloud Star Acquisition in the 4th quarter valued at about $128,000. Bulldog Investors LLP acquired a new stake in DT Cloud Star Acquisition during the 4th quarter worth approximately $504,000. Westchester Capital Management LLC raised its holdings in DT Cloud Star Acquisition by 182.0% in the first quarter. Westchester Capital Management LLC now owns 352,500 shares of the company's stock valued at $3,613,000 after buying an additional 227,500 shares during the period. D. E. Shaw & Co. Inc. raised its holdings in DT Cloud Star Acquisition by 60.0% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 400,000 shares of the company's stock valued at $4,028,000 after buying an additional 150,000 shares during the period. Finally, Toronto Dominion Bank acquired a new position in DT Cloud Star Acquisition during the fourth quarter valued at approximately $4,603,000.

DT Cloud Star Acquisition Price Performance

Shares of DT Cloud Star Acquisition stock traded down $0.01 during trading hours on Thursday, hitting $10.45. The company's stock had a trading volume of 164,256 shares, compared to its average volume of 41,764. The business has a fifty day moving average of $10.46 and a 200 day moving average of $10.35. DT Cloud Star Acquisition Corporation has a 1-year low of $9.96 and a 1-year high of $10.47.

About DT Cloud Star Acquisition

(Free Report)

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.

See Also

Institutional Ownership by Quarter for DT Cloud Star Acquisition (NASDAQ:DTSQ)

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