Renatus Tactical Acquisition Corp I (NASDAQ:RTACU) Short Interest Up ∞ in May

Renatus Tactical Acquisition Corp I (NASDAQ:RTACU) was the recipient of a significant increase in short interest in May. As of May 29th, there was short interest totaling 33 shares, an increase of ∞ from the May 14th total of 0 shares. Based on an average daily volume of 3,100 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On Renatus Tactical Acquisition Corp I

Several institutional investors have recently bought and sold shares of RTACU. T3 Companies LLC purchased a new stake in shares of Renatus Tactical Acquisition Corp I in the fourth quarter worth about $114,000. Patriot Financial Group Insurance Agency LLC lifted its position in shares of Renatus Tactical Acquisition Corp I by 9.4% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 31,542 shares of the company’s stock worth $349,000 after buying an additional 2,702 shares in the last quarter. Clear Street Group Inc. purchased a new stake in shares of Renatus Tactical Acquisition Corp I in the third quarter worth about $370,000. JPMorgan Chase & Co. purchased a new stake in shares of Renatus Tactical Acquisition Corp I in the second quarter worth about $499,000. Finally, DLD Asset Management LP purchased a new stake in shares of Renatus Tactical Acquisition Corp I in the first quarter worth about $524,000.

Renatus Tactical Acquisition Corp I Stock Performance

Shares of NASDAQ RTACU traded up $0.02 during midday trading on Monday, reaching $10.78. The stock had a trading volume of 378 shares, compared to its average volume of 10,035. The stock has a 50-day moving average of $10.69 and a 200-day moving average of $10.87. Renatus Tactical Acquisition Corp I has a 12-month low of $10.40 and a 12-month high of $14.25.

Renatus Tactical Acquisition Corp I Company Profile

Renatus Tactical Acquisition Corp I is a special purpose acquisition company (SPAC) organized to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination. Incorporated in Delaware, the company carries no ongoing operations of its own but is formed to identify and consummate a transaction with one or more businesses.

In March 2021, Renatus Tactical Acquisition Corp I completed its initial public offering of units, each consisting of one share of common stock and a fraction of a warrant, and began trading on the Nasdaq under the ticker symbol RTACU.