DT Cloud Acquisition Co. (NASDAQ:DYCQ) Short Interest Up 780.0% in August

DT Cloud Acquisition Co. (NASDAQ:DYCQ) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 13,200 shares, an increase of 780.0% from the August 15th total of 1,500 shares. Based on an average daily volume of 27,000 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.2% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in DYCQ. Warberg Asset Management LLC acquired a new position in DT Cloud Acquisition in the 2nd quarter valued at about $263,000. Clear Street LLC acquired a new position in DT Cloud Acquisition in the second quarter valued at approximately $459,000. Quarry LP purchased a new position in DT Cloud Acquisition in the second quarter worth approximately $975,000. Whitebox Advisors LLC acquired a new stake in DT Cloud Acquisition during the second quarter worth $1,095,000. Finally, Glazer Capital LLC purchased a new stake in DT Cloud Acquisition in the second quarter valued at $1,278,000.

DT Cloud Acquisition Price Performance

Shares of NASDAQ DYCQ opened at $10.28 on Friday. The firm has a 50-day simple moving average of $10.24. DT Cloud Acquisition has a 52 week low of $10.07 and a 52 week high of $10.30.

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.