Short Interest in 1RT Acquisition Corp. (NASDAQ:ONCHU) Grows By 26.2%

1RT Acquisition Corp. (NASDAQ:ONCHU) was the target of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 651 shares, a growth of 26.2% from the February 12th total of 516 shares. Based on an average daily trading volume, of 4,657 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 4,657 shares, the short-interest ratio is presently 0.1 days.

1RT Acquisition Stock Performance

ONCHU stock remained flat at $10.29 during midday trading on Tuesday. 1,687 shares of the company’s stock were exchanged, compared to its average volume of 6,035. The stock’s 50 day moving average price is $10.35 and its 200-day moving average price is $10.44. 1RT Acquisition has a 1 year low of $10.20 and a 1 year high of $11.35.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. PenderFund Capital Management Ltd. bought a new stake in 1RT Acquisition in the third quarter valued at about $52,000. MASO CAPITAL PARTNERS Ltd acquired a new position in 1RT Acquisition in the third quarter valued at about $106,000. Readystate Asset Management LP bought a new position in 1RT Acquisition during the third quarter worth about $105,000. Syquant Capital Sas acquired a new position in shares of 1RT Acquisition during the 3rd quarter worth about $105,000. Finally, Bulldog Investors LLP acquired a new position in shares of 1RT Acquisition during the 3rd quarter worth about $106,000.

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.