1RT Acquisition Corp. (NASDAQ:ONCHU – Get Free Report) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 1,241 shares, a growth of ∞ from the August 15th total of 0 shares. Based on an average daily trading volume, of 1,856 shares, the short-interest ratio is currently 0.7 days.
1RT Acquisition Stock Down 0.2%
1RT Acquisition stock opened at $10.42 on Tuesday. The company has a fifty day simple moving average of $10.41 and a 200 day simple moving average of $10.35. 1RT Acquisition has a 1-year low of $10.24 and a 1-year high of $11.35.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of ONCHU. OMERS ADMINISTRATION Corp grew its stake in 1RT Acquisition by 100.0% in the 1st quarter. OMERS ADMINISTRATION Corp now owns 49,991 shares of the company’s stock valued at $514,000 after buying an additional 24,991 shares in the last quarter. Clear Street Group Inc. grew its holdings in 1RT Acquisition by 37.1% in the fourth quarter. Clear Street Group Inc. now owns 98,433 shares of the company’s stock worth $1,024,000 after purchasing an additional 26,632 shares during the period. Finally, Citadel Advisors LLC increased its holdings in shares of 1RT Acquisition by 1.8% in the 2nd quarter. Citadel Advisors LLC now owns 172,678 shares of the company’s stock worth $1,796,000 after purchasing an additional 2,977 shares in the last quarter.
About 1RT Acquisition
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.
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