DT Cloud Acquisition Co. (NASDAQ:DYCQ) Sees Significant Decrease in Short Interest

DT Cloud Acquisition Co. (NASDAQ:DYCQ) was the recipient of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 600 shares, a decrease of 25.0% from the February 28th total of 800 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 61,900 shares, the days-to-cover ratio is currently 0.0 days.

DT Cloud Acquisition Price Performance

NASDAQ:DYCQ opened at $10.74 on Friday. The stock has a fifty day moving average of $10.59 and a 200 day moving average of $10.46. DT Cloud Acquisition has a 52-week low of $10.07 and a 52-week high of $11.63.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of DYCQ. Berkley W R Corp bought a new position in shares of DT Cloud Acquisition in the 3rd quarter worth $3,332,000. Toronto Dominion Bank bought a new position in DT Cloud Acquisition in the fourth quarter valued at $2,654,000. Quarry LP raised its position in DT Cloud Acquisition by 78.4% during the third quarter. Quarry LP now owns 170,625 shares of the company’s stock valued at $1,759,000 after purchasing an additional 75,000 shares in the last quarter. K2 Principal Fund L.P. bought a new stake in DT Cloud Acquisition during the third quarter worth about $629,000. Finally, Mizuho Securities USA LLC boosted its holdings in shares of DT Cloud Acquisition by 2.1% in the 4th quarter. Mizuho Securities USA LLC now owns 729,700 shares of the company’s stock worth $7,567,000 after purchasing an additional 14,700 shares in the last quarter.

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.