1RT Acquisition Corp. (NASDAQ:ONCHW) Shares Shorted: Short Interest Down 72.5% in October

1RT Acquisition Corp. (NASDAQ:ONCHW) was the target of a significant drop in short interest in October. As of October 30th, there was short interest totaling 1,738 shares, a drop of 72.5% from the October 15th total of 6,318 shares. Based on an average daily trading volume, of 4,070 shares, the days-to-cover ratio is presently 0.4 days.

1RT Acquisition Trading Up 0.7%

ONCHW traded up $0.00 on Friday, hitting $0.23. 394 shares of the stock traded hands, compared to its average volume of 9,612. The business has a fifty day moving average price of $0.41 and a two-hundred day moving average price of $0.47. 1RT Acquisition has a 52 week low of $0.23 and a 52 week high of $1.10.

1RT Acquisition Company Profile

1RT Acquisition Corp. is a special purpose acquisition company, or blank-check company, formed to pursue a merger, share exchange, asset acquisition, or similar business combination with one or more businesses. As a SPAC, it does not operate a portfolio of products or services of its own. Its business activity centers on identifying and completing a transaction with a target company.