Iron Horse Acquisitions II Corp. (NASDAQ:IRHO) Short Interest Update

Iron Horse Acquisitions II Corp. (NASDAQ:IRHO) saw a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 2,478 shares, an increase of 258.1% from the July 30th total of 692 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 92,331 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On Iron Horse Acquisitions II

An institutional investor recently raised its position in Iron Horse Acquisitions II stock. PenderFund Capital Management Ltd. grew its holdings in shares of Iron Horse Acquisitions II Corp. (NASDAQ:IRHO) by 158.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,800 shares of the company’s stock after purchasing an additional 15,800 shares during the period. PenderFund Capital Management Ltd. owned about 0.09% of Iron Horse Acquisitions II worth $259,000 as of its most recent SEC filing.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of Iron Horse Acquisitions II from a “sell (e)” rating to a “sell (e+)” rating in a research note on Thursday, August 13th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Iron Horse Acquisitions II Price Performance

IRHO opened at $10.05 on Thursday. Iron Horse Acquisitions II has a 52 week low of $9.85 and a 52 week high of $10.14. The stock’s fifty day moving average price is $10.03.

About Iron Horse Acquisitions II

Iron Horse Acquisitions II Corp is a blank check company.