Iron Horse Acquisitions Corp. (NASDAQ:IROH) Short Interest Down 72.1% in December

by · The Markets Daily

Iron Horse Acquisitions Corp. (NASDAQ:IROH – Get Free Report) saw a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 2,900 shares, a decrease of 72.1% from the December 15th total of 10,400 shares. Based on an average daily volume of 17,800 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Trading of Iron Horse Acquisitions

Several hedge funds have recently added to or reduced their stakes in the company. Walleye Trading LLC purchased a new stake in shares of Iron Horse Acquisitions in the 3rd quarter valued at approximately $1,449,000. Verition Fund Management LLC grew its stake in shares of Iron Horse Acquisitions by 1.6% during the third quarter. Verition Fund Management LLC now owns 166,706 shares of the company’s stock worth $1,699,000 after purchasing an additional 2,621 shares in the last quarter. CVI Holdings LLC purchased a new position in Iron Horse Acquisitions in the second quarter valued at $1,932,000. Walleye Capital LLC acquired a new stake in Iron Horse Acquisitions in the third quarter valued at $2,576,000. Finally, Wolverine Asset Management LLC lifted its holdings in Iron Horse Acquisitions by 5,903.6% during the 3rd quarter. Wolverine Asset Management LLC now owns 257,495 shares of the company’s stock worth $2,624,000 after buying an additional 253,206 shares during the last quarter.

Iron Horse Acquisitions Stock Performance

Shares of IROH traded up $0.02 during midday trading on Monday, hitting $10.33. The company had a trading volume of 16,236 shares, compared to its average volume of 13,091. Iron Horse Acquisitions has a 1 year low of $9.97 and a 1 year high of $11.11. The company’s 50-day simple moving average is $10.29 and its 200-day simple moving average is $10.19.

About Iron Horse Acquisitions

(Get Free Report)

Iron Horse Acquisitions Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It focuses on identifying targeted companies operating in content studios and film production, family entertainment, animation, music, gaming, e-sports, talent management, and talent-facing brands and businesses in the United States.

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