Iron Horse Acquisitions II Corp. (NASDAQ:IRHO) Sees Significant Increase in Short Interest

Iron Horse Acquisitions II Corp. (NASDAQ:IRHOGet Free Report) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 8,645 shares, a growth of 2,349.0% from the April 15th total of 353 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 55,192 shares, the days-to-cover ratio is currently 0.2 days.

Iron Horse Acquisitions II Trading Up 0.1%

Shares of NASDAQ:IRHO traded up $0.01 during midday trading on Monday, reaching $9.98. 691,443 shares of the company’s stock were exchanged, compared to its average volume of 51,460. The stock has a 50 day moving average price of $9.90. Iron Horse Acquisitions II has a fifty-two week low of $9.85 and a fifty-two week high of $9.99.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings assumed coverage on Iron Horse Acquisitions II in a research report on Monday, May 4th. They set a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

Read Our Latest Research Report on IRHO

About Iron Horse Acquisitions II

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Iron Horse Acquisitions II Corp is a blank check company.

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