1RT Acquisition Corp. (NASDAQ:ONCHU) Short Interest Update

1RT Acquisition Corp. (NASDAQ:ONCHU) was the recipient of a significant decline in short interest in May. As of May 29th, there was short interest totaling 223 shares, a decline of 71.0% from the May 14th total of 770 shares. Based on an average trading volume of 6,694 shares, the short-interest ratio is currently 0.0 days.

1RT Acquisition Stock Performance

ONCHU stock traded up $0.01 during midday trading on Friday, hitting $10.33. 557 shares of the company’s stock were exchanged, compared to its average volume of 7,009. The stock’s fifty day moving average price is $10.30 and its 200-day moving average price is $10.35. 1RT Acquisition has a one year low of $10.20 and a one year high of $11.35.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. PenderFund Capital Management Ltd. bought a new position in 1RT Acquisition during the third quarter worth about $52,000. Bulldog Investors LLP bought a new stake in shares of 1RT Acquisition in the third quarter valued at about $106,000. MASO CAPITAL PARTNERS Ltd acquired a new position in shares of 1RT Acquisition during the third quarter worth about $106,000. Readystate Asset Management LP bought a new position in shares of 1RT Acquisition during the third quarter worth about $105,000. Finally, Sandia Investment Management LP bought a new position in shares of 1RT Acquisition during the third quarter worth about $106,000.

About 1RT Acquisition

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.