Wolverine Asset Management LLC Buys 134,302 Shares of DT Cloud Acquisition Corporation (NASDAQ:DYCQ)

Key Points

• Wolverine Asset Management LLC increased its stake in DT Cloud Acquisition Corporation by 57.5%, owning 367,743 shares valued at approximately $3.94 million at the end of the latest reporting period.
• Other institutional investors, such as Berkley W R Corp and Tabor Asset Management, have also adjusted their stakes in DT Cloud Acquisition, indicating growing interest in the company.
• Shares of DT Cloud Acquisition Corporation are currently trading at $10.92, with a 52-week range between $10.23 and $11.63.

Wolverine Asset Management LLC lifted its holdings in shares of DT Cloud Acquisition Corporation (NASDAQ:DYCQ - Free Report) by 57.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 367,743 shares of the company's stock after purchasing an additional 134,302 shares during the quarter. Wolverine Asset Management LLC owned 5.18% of DT Cloud Acquisition worth $3,942,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Tabor Asset Management LP acquired a new stake in DT Cloud Acquisition during the 1st quarter worth approximately $2,951,000. Toronto Dominion Bank bought a new stake in shares of DT Cloud Acquisition in the 4th quarter valued at about $2,654,000. Finally, Berkley W R Corp boosted its position in shares of 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 in the last quarter.

DT Cloud Acquisition Stock Up 0.5%

DYCQ stock traded up $0.06 during trading on Tuesday, reaching $10.99. 1,340 shares of the stock were exchanged, compared to its average volume of 55,937. The firm's 50 day moving average is $10.82 and its 200 day moving average is $10.72. DT Cloud Acquisition Corporation has a twelve month low of $10.27 and a twelve month high of $11.63.

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.