1RT Acquisition Corp. (NASDAQ:ONCHU) Sees Significant Increase in Short Interest

1RT Acquisition Corp. (NASDAQ:ONCHU) saw a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 68 shares. Based on an average daily trading volume, of 1,029 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of 1RT Acquisition

Institutional investors and hedge funds have recently modified their holdings of the company. PEAK6 LLC bought a new stake in 1RT Acquisition during the 3rd quarter valued at approximately $781,000. Citadel Advisors LLC increased its position in 1RT Acquisition by 1.8% in the 2nd quarter. Citadel Advisors LLC now owns 172,678 shares of the company’s stock worth $1,796,000 after buying an additional 2,977 shares during the period. Finally, OMERS ADMINISTRATION Corp increased its position in 1RT Acquisition by 100.0% in the 1st quarter. OMERS ADMINISTRATION Corp now owns 49,991 shares of the company’s stock worth $514,000 after buying an additional 24,991 shares during the period.

1RT Acquisition Price Performance

Shares of 1RT Acquisition stock remained flat at $10.47 during trading on Friday. The stock had a trading volume of 1 shares, compared to its average volume of 5,759. The business’s fifty day moving average is $10.42 and its two-hundred day moving average is $10.36. 1RT Acquisition has a fifty-two week low of $10.24 and a fifty-two week high of $10.67.

1RT Acquisition Company Profile

1RT Acquisition Corp. is a blank-check company formed to pursue a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. As an acquisition company, it does not operate a portfolio of products or services. Its business activity is focused on identifying and completing a transaction with a target company. Until it completes a business combination, 1RT Acquisition’s operations are limited to evaluating potential targets and pursuing that transaction.