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

1RT Acquisition Corp. (NASDAQ:ONCHU) was the target of a large increase in short interest in December. As of December 15th, there was short interest totaling 3,997 shares, an increase of 44.8% from the November 30th total of 2,760 shares. Based on an average daily trading volume, of 15,110 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 15,110 shares, the short-interest ratio is presently 0.3 days.

1RT Acquisition Stock Performance

Shares of 1RT Acquisition stock traded down $0.04 on Monday, hitting $10.36. 16,048 shares of the company traded hands, compared to its average volume of 55,050. 1RT Acquisition has a 12-month low of $10.20 and a 12-month high of $11.35. The company’s 50-day simple moving average is $10.51.

Hedge Funds Weigh In On 1RT Acquisition

A number of hedge funds and other institutional investors have recently modified their holdings of ONCHU. Tuttle Capital Management LLC bought a new position in 1RT Acquisition during the third quarter valued at approximately $422,000. Syquant Capital Sas purchased a new stake in shares of 1RT Acquisition in the 3rd quarter valued at $105,000. JPMorgan Chase & Co. bought a new position in shares of 1RT Acquisition during the 3rd quarter valued at $524,000. Readystate Asset Management LP bought a new position in shares of 1RT Acquisition during the 3rd quarter valued at $105,000. Finally, Alberta Investment Management Corp purchased a new position in 1RT Acquisition in the 3rd quarter worth $262,000.

1RT Acquisition Company Profile

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.