1RT Acquisition Corp. (NASDAQ:ONCHU) Short Interest Update

1RT Acquisition Corp. (NASDAQ:ONCHU) was the target of a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 516 shares, a decline of 56.2% from the January 29th total of 1,178 shares. Based on an average daily trading volume, of 6,115 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 6,115 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On 1RT Acquisition

A number of institutional investors have recently made changes to their positions in the business. PenderFund Capital Management Ltd. acquired a new position in shares of 1RT Acquisition during the 3rd quarter worth about $52,000. Readystate Asset Management LP bought a new position in 1RT Acquisition in the 3rd quarter worth approximately $105,000. Syquant Capital Sas bought a new position in 1RT Acquisition in the 3rd quarter worth approximately $105,000. KRYGER CAPITAL Ltd acquired a new position in shares of 1RT Acquisition during the fourth quarter worth approximately $105,000. Finally, MASO CAPITAL PARTNERS Ltd bought a new stake in 1RT Acquisition in the 3rd quarter valued at $106,000.

1RT Acquisition Stock Performance

NASDAQ:ONCHU traded up $0.01 during midday trading on Friday, reaching $10.33. The stock had a trading volume of 12,476 shares, compared to its average volume of 6,802. 1RT Acquisition has a 1-year low of $10.20 and a 1-year high of $11.35. The firm’s fifty day simple moving average is $10.37 and its 200-day simple moving average is $10.46.

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. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.