1RT Acquisition Corp. (NASDAQ:ONCHU) Short Interest Update

1RT Acquisition Corp. (NASDAQ:ONCHU) saw a large decline in short interest in January. As of January 30th, there was short interest totaling 1,178 shares, a decline of 75.2% from the January 15th total of 4,752 shares. Based on an average daily trading volume, of 6,031 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 6,031 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On 1RT Acquisition

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

1RT Acquisition Stock Performance

Shares of 1RT Acquisition stock opened at $10.34 on Friday. The business has a fifty day simple moving average of $10.39 and a 200-day simple moving average of $10.47. 1RT Acquisition has a fifty-two week low of $10.20 and a fifty-two week high of $11.35.

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.