DT Cloud Acquisition (NASDAQ:DYCQ) Stock Price Up 0.1% – Here’s Why

Shares of DT Cloud Acquisition Co. (NASDAQ:DYCQ) rose 0.1% during mid-day trading on Friday . The stock traded as high as $10.49 and last traded at $10.49. Approximately 107,459 shares changed hands during trading, an increase of 68% from the average daily volume of 63,830 shares. The stock had previously closed at $10.48.

DT Cloud Acquisition Stock Up 0.1 %

The firm’s 50 day moving average is $10.44 and its two-hundred day moving average is $10.35.

Hedge Funds Weigh In On DT Cloud Acquisition

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DYCQ. Dakota Wealth Management bought a new stake in shares of DT Cloud Acquisition during the 3rd quarter valued at about $361,000. K2 Principal Fund L.P. purchased a new position in DT Cloud Acquisition in the 3rd quarter worth about $629,000. Quarry LP purchased a new stake in DT Cloud Acquisition in the second quarter valued at about $975,000. Wealthspring Capital LLC increased its holdings in DT Cloud Acquisition by 1.0% in the 3rd quarter. Wealthspring Capital LLC now owns 103,309 shares of the company’s stock worth $1,065,000 after acquiring an additional 1,000 shares in the last quarter. Finally, Wolverine Asset Management LLC raised its holdings in shares of DT Cloud Acquisition by 32.6% during the third quarter. Wolverine Asset Management LLC now owns 232,108 shares of the company’s stock valued at $2,393,000 after acquiring an additional 57,108 shares during the last quarter.

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.