Iron Horse Acquisitions II Corp. (NASDAQ:IRHO – Get Free Report) was the recipient of a large drop in short interest in May. As of May 29th, there was short interest totaling 4,022 shares, a drop of 39.8% from the May 14th total of 6,682 shares. Based on an average daily trading volume, of 30,445 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are short sold.
Iron Horse Acquisitions II Trading Down 0.1%
Shares of NASDAQ:IRHO traded down $0.01 during mid-day trading on Monday, reaching $10.06. The company had a trading volume of 1,562 shares, compared to its average volume of 45,393. The company has a 50-day simple moving average of $9.98. Iron Horse Acquisitions II has a one year low of $9.85 and a one year high of $10.14.
Analyst Ratings Changes
Separately, Weiss Ratings began coverage on shares of Iron Horse Acquisitions II in a research report on Monday, May 4th. They set a “sell (e)” rating on the stock. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.
About Iron Horse Acquisitions II
Iron Horse Acquisitions II Corp is a blank check company.
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