1RT Acquisition Corp. (NASDAQ:ONCHU) Short Interest Down 67.4% in December

1RT Acquisition Corp. (NASDAQ:ONCHU) was the target of a significant decline in short interest in December. As of December 31st, there was short interest totaling 1,302 shares, a decline of 67.4% from the December 15th total of 3,997 shares. Based on an average daily volume of 6,078 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 6,078 shares, the short-interest ratio is currently 0.2 days.

1RT Acquisition Stock Performance

Shares of ONCHU stock opened at $10.37 on Tuesday. 1RT Acquisition has a fifty-two week low of $10.20 and a fifty-two week high of $11.35. The firm has a fifty day simple moving average of $10.47.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of ONCHU. Jain Global LLC acquired a new position in 1RT Acquisition during the third quarter worth about $9,381,000. MMCAP International Inc. SPC bought a new stake in shares of 1RT Acquisition during the 3rd quarter valued at approximately $6,330,000. Polar Asset Management Partners Inc. acquired a new position in 1RT Acquisition during the 3rd quarter worth approximately $5,275,000. Millennium Management LLC acquired a new position in 1RT Acquisition during the 3rd quarter worth approximately $3,471,000. Finally, Ghisallo Capital Management LLC bought a new position in 1RT Acquisition in the 3rd quarter valued at approximately $2,622,000.

1RT Acquisition Company Profile

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.