Short Interest in Renatus Tactical Acquisition Corp I (NASDAQ:RTACU) Rises By 3,692.5%

Renatus Tactical Acquisition Corp I (NASDAQ:RTACU) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 1,517 shares, a growth of 3,692.5% from the June 15th total of 40 shares. Based on an average daily trading volume, of 3,517 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On Renatus Tactical Acquisition Corp I

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Balyasny Asset Management L.P. purchased a new stake in Renatus Tactical Acquisition Corp I during the 2nd quarter valued at $3,579,000. Karpus Management Inc. bought a new position in shares of Renatus Tactical Acquisition Corp I during the second quarter valued at $2,219,000. Jane Street Group LLC bought a new position in shares of Renatus Tactical Acquisition Corp I during the second quarter valued at $1,829,000. Clear Street Group Inc. boosted its position in shares of Renatus Tactical Acquisition Corp I by 351.2% during the fourth quarter. Clear Street Group Inc. now owns 145,882 shares of the company’s stock valued at $1,616,000 after buying an additional 113,547 shares during the last quarter. Finally, Scoggin Management LP purchased a new stake in shares of Renatus Tactical Acquisition Corp I during the second quarter valued at $955,000.

Renatus Tactical Acquisition Corp I Trading Up 1.0%

Shares of NASDAQ RTACU traded up $0.11 during midday trading on Friday, hitting $11.02. The stock had a trading volume of 3,266 shares, compared to its average volume of 9,123. The business’s 50 day moving average is $10.79 and its 200-day moving average is $10.84. Renatus Tactical Acquisition Corp I has a 52 week low of $10.40 and a 52 week high of $14.25.

About Renatus Tactical Acquisition Corp I

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.