1RT Acquisition (NASDAQ:ONCHU) Stock Price Down 1% – Time to Sell?

1RT Acquisition Corp. (NASDAQ:ONCHU)’s stock price traded down 1% during mid-day trading on Thursday . The company traded as low as $10.50 and last traded at $10.52. 27,227 shares changed hands during trading, a decline of 60% from the average session volume of 68,081 shares. The stock had previously closed at $10.63.

1RT Acquisition Stock Performance

The company has a fifty day moving average of $10.53.

Institutional Trading of 1RT Acquisition

A number of institutional investors have recently modified their holdings of ONCHU. Readystate Asset Management LP bought a new position in shares of 1RT Acquisition in the third quarter worth $105,000. Syquant Capital Sas acquired a new stake in 1RT Acquisition during the third quarter worth about $105,000. Scoggin Management LP bought a new position in 1RT Acquisition in the 3rd quarter valued at about $264,000. Alberta Investment Management Corp bought a new position in 1RT Acquisition in the 3rd quarter valued at about $262,000. Finally, Yakira Capital Management Inc. acquired a new position in shares of 1RT Acquisition in the 3rd quarter valued at approximately $264,000.

About 1RT Acquisition

We are a blank check company incorporated on December 13, 2024 as a Cayman Islands exempted company and incorporated for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.