Short Interest in 1RT Acquisition Corp. (NASDAQ:ONCHU) Drops By 75.2%

1RT Acquisition Corp. (NASDAQ:ONCHUGet Free Report) was the recipient of a significant decrease in short interest in January. As of January 30th, there was short interest totaling 1,178 shares, a decrease of 75.2% from the January 15th total of 4,752 shares. Based on an average daily trading volume, of 6,031 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 6,031 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On 1RT Acquisition

Large investors have recently bought and sold shares of the business. PenderFund Capital Management Ltd. purchased a new position in 1RT Acquisition during the third quarter worth approximately $52,000. Readystate Asset Management LP acquired a new position in shares of 1RT Acquisition during the 3rd quarter worth approximately $105,000. Syquant Capital Sas purchased a new position in shares of 1RT Acquisition during the 3rd quarter valued at approximately $105,000. MASO CAPITAL PARTNERS Ltd purchased a new position in shares of 1RT Acquisition during the 3rd quarter valued at approximately $106,000. Finally, Bulldog Investors LLP acquired a new stake in 1RT Acquisition in the 3rd quarter valued at $106,000.

1RT Acquisition Stock Performance

ONCHU remained flat at $10.34 on Thursday. 8,702 shares of the company’s stock were exchanged, compared to its average volume of 7,248. The company has a 50-day moving average price of $10.40 and a 200-day moving average price of $10.47. 1RT Acquisition has a one year low of $10.20 and a one year high of $11.35.

About 1RT Acquisition

(Get Free Report)

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.

Further Reading

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