1RT Acquisition Corp. (NASDAQ:ONCHU) Sees Large Decrease in Short Interest

1RT Acquisition Corp. (NASDAQ:ONCHUGet Free Report) was the target of a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 516 shares, a decline of 56.2% from the January 29th total of 1,178 shares. Based on an average daily trading volume, of 6,115 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 6,115 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of 1RT Acquisition

Institutional investors and hedge funds have recently bought and sold shares of the company. PenderFund Capital Management Ltd. purchased a new stake in 1RT Acquisition during the 3rd quarter valued at $52,000. Readystate Asset Management LP purchased a new position in shares of 1RT Acquisition in the 3rd quarter worth $105,000. Syquant Capital Sas bought a new stake in shares of 1RT Acquisition in the third quarter worth $105,000. KRYGER CAPITAL Ltd purchased a new stake in 1RT Acquisition during the fourth quarter valued at $105,000. Finally, MASO CAPITAL PARTNERS Ltd bought a new position in 1RT Acquisition in the third quarter valued at about $106,000.

1RT Acquisition Trading Up 0.1%

1RT Acquisition stock traded up $0.01 during mid-day trading on Friday, hitting $10.33. The company had a trading volume of 12,422 shares, compared to its average volume of 6,801. 1RT Acquisition has a 12 month low of $10.20 and a 12 month high of $11.35. The stock’s 50 day moving average price is $10.37 and its two-hundred day moving average price is $10.46.

About 1RT Acquisition

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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.

Further Reading

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