DT Cloud Acquisition Co. (NASDAQ:DYCQ) Short Interest Up 700.0% in February

DT Cloud Acquisition Co. (NASDAQ:DYCQ) was the recipient of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 800 shares, an increase of 700.0% from the February 13th total of 100 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 59,300 shares, the short-interest ratio is presently 0.0 days.

DT Cloud Acquisition Stock Performance

Shares of NASDAQ:DYCQ remained flat at $10.63 during trading on Wednesday. The stock had a trading volume of 172 shares, compared to its average volume of 109,277. DT Cloud Acquisition has a 1-year low of $10.07 and a 1-year high of $10.67. The firm’s fifty day moving average price is $10.52 and its two-hundred day moving average price is $10.42.

Institutional Trading of DT Cloud Acquisition

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Berkley W R Corp acquired a new position in DT Cloud Acquisition during the third quarter worth $3,332,000. Toronto Dominion Bank purchased a new stake in shares of DT Cloud Acquisition during the 4th quarter worth $2,654,000. Mizuho Securities USA LLC grew its stake in shares of DT Cloud Acquisition by 18.8% during the 3rd quarter. Mizuho Securities USA LLC now owns 715,000 shares of the company’s stock worth $7,343,000 after purchasing an additional 113,338 shares during the period. Quarry LP boosted its holdings in DT Cloud Acquisition by 78.4% during the third quarter. Quarry LP now owns 170,625 shares of the company’s stock worth $1,759,000 after buying an additional 75,000 shares in the last quarter. Finally, K2 Principal Fund L.P. acquired a new position in DT Cloud Acquisition during the third quarter worth about $629,000.

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.