1RT Acquisition Corp. (NASDAQ:ONCHU – Get Free Report) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 1,302 shares, a decrease of 67.4% from the December 15th total of 3,997 shares. Based on an average daily volume of 6,078 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 6,078 shares, the days-to-cover ratio is presently 0.2 days.
Institutional Trading of 1RT Acquisition
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Jain Global LLC bought a new position in 1RT Acquisition in the 3rd quarter worth about $9,381,000. MMCAP International Inc. SPC purchased a new stake in shares of 1RT Acquisition in the third quarter worth about $6,330,000. Polar Asset Management Partners Inc. purchased a new position in 1RT Acquisition during the third quarter valued at approximately $5,275,000. Millennium Management LLC bought a new stake in 1RT Acquisition during the 3rd quarter worth approximately $3,471,000. Finally, Ghisallo Capital Management LLC purchased a new stake in 1RT Acquisition in the 3rd quarter worth approximately $2,622,000.
1RT Acquisition Trading Up 0.2%
Shares of ONCHU stock traded up $0.02 during trading on Wednesday, reaching $10.38. 1,462 shares of the company’s stock traded hands, compared to its average volume of 8,696. The stock has a 50-day moving average price of $10.46. 1RT Acquisition has a 1 year low of $10.20 and a 1 year high of $11.35.
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.
See Also
- Five stocks we like better than 1RT Acquisition
- This AI Opportunity Was Built to Evolve With Demand
- Punch these codes into your ordinary brokerage account
- How a Family Trust May Be Able To Help Preserve Your Wealth
- Why Trump and Musk suddenly care about Fort Knox
- A U.S. “birthright” claim worth trillions – activated quietly
Receive News & Ratings for 1RT Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 1RT Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
