Short Interest in 1RT Acquisition Corp. (NASDAQ:ONCHU) Drops By 56.2%

1RT Acquisition Corp. (NASDAQ:ONCHUGet Free Report) saw a large decline in short interest in 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.

1RT Acquisition Stock Performance

ONCHU stock traded up $0.01 on Friday, hitting $10.33. 12,476 shares of the company were exchanged, compared to its average volume of 6,802. The business’s fifty day moving average is $10.37 and its two-hundred day moving average is $10.46. 1RT Acquisition has a twelve month low of $10.20 and a twelve month high of $11.35.

Hedge Funds Weigh In On 1RT Acquisition

Hedge funds have recently made changes to their positions in the business. Toronto Dominion Bank raised its position in 1RT Acquisition by 28.0% in the fourth quarter. Toronto Dominion Bank now owns 102,438 shares of the company’s stock valued at $1,065,000 after purchasing an additional 22,438 shares during the period. KRYGER CAPITAL Ltd acquired a new stake in 1RT Acquisition in the fourth quarter valued at approximately $105,000. Clear Street Group Inc. grew its holdings in 1RT Acquisition by 37.1% during the 4th quarter. Clear Street Group Inc. now owns 98,433 shares of the company’s stock valued at $1,024,000 after purchasing an additional 26,632 shares in the last quarter. JPMorgan Chase & Co. purchased a new stake in shares of 1RT Acquisition during the third quarter worth about $524,000. Finally, Polar Asset Management Partners Inc. purchased a new position in 1RT Acquisition in the third quarter valued at about $5,275,000.

1RT Acquisition Company Profile

(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.

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