DP Cap Acquisition Corp I (NASDAQ:DPCS – Get Rating) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totalling 3,500 shares, a decline of 18.6% from the August 15th total of 4,300 shares. Based on an average trading volume of 33,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On DP Cap Acquisition Corp I

Institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada bought a new stake in DP Cap Acquisition Corp I in the first quarter worth about $30,000. Toronto Dominion Bank purchased a new position in DP Cap Acquisition Corp I during the 1st quarter valued at about $99,000. Cohanzick Management LLC purchased a new position in DP Cap Acquisition Corp I during the 1st quarter valued at about $149,000. Context Capital Management LLC purchased a new position in DP Cap Acquisition Corp I during the 1st quarter valued at about $376,000. Finally, Glazer Capital LLC bought a new stake in shares of DP Cap Acquisition Corp I in the 1st quarter valued at approximately $431,000. Institutional investors and hedge funds own 63.89% of the company's stock.

DP Cap Acquisition Corp I Stock Performance

Shares of DPCS remained flat at $10.05 during midday trading on Friday. 250,000 shares of the stock traded hands, compared to its average volume of 22,978. The company's fifty day simple moving average is $10.00 and its 200 day simple moving average is $9.96. DP Cap Acquisition Corp I has a 52 week low of $9.73 and a 52 week high of $10.15.

DP Cap Acquisition Corp I Company Profile

DP Cap Acquisition Corp I does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities in the tech-enabled consumer and technology sectors. DP Cap Acquisition Corp I was incorporated in 2021 and is based in Boston, Massachusetts.

Read More

• Get a free copy of the StockNews.com research report on DP Cap Acquisition Corp I (DPCS)
• 3 Banks Worth Considering For Q4
• Stock Market: 3 Islands Of Strength In A Sea Of Red
• No One Told These 3 Stocks It's a Down Week
• Is There a Cure for What is Ailing Teladoc Stock?
• MarketBeat: Week in Review 9/12 – 9/16

Receive News & Ratings for DP Cap Acquisition Corp I Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DP Cap Acquisition Corp I and related companies with MarketBeat.com's FREE daily email newsletter.