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

1RT Acquisition Corp. (NASDAQ:ONCHU) was the recipient of a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 391 shares, a drop of 39.9% from the February 26th total of 651 shares. Based on an average trading volume of 2,545 shares, the short-interest ratio is presently 0.2 days.

1RT Acquisition Trading Up 0.1%

NASDAQ ONCHU traded up $0.01 during trading hours on Friday, hitting $10.27. 11,787 shares of the company were exchanged, compared to its average volume of 7,189. 1RT Acquisition has a 52 week low of $10.20 and a 52 week high of $11.35. The stock has a 50-day moving average price of $10.33 and a 200 day moving average price of $10.43.

Hedge Funds Weigh In On 1RT Acquisition

Large investors have recently modified their holdings of the stock. PenderFund Capital Management Ltd. bought a new position in shares of 1RT Acquisition in the third quarter worth about $52,000. Readystate Asset Management LP bought a new position in 1RT Acquisition in the 3rd quarter worth about $105,000. Syquant Capital Sas purchased a new position in shares of 1RT Acquisition during the third quarter worth approximately $105,000. KRYGER CAPITAL Ltd purchased a new position in shares of 1RT Acquisition during the fourth quarter worth approximately $105,000. Finally, MASO CAPITAL PARTNERS Ltd bought a new stake in shares of 1RT Acquisition during the third quarter valued at approximately $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.