Iron Horse Acquisitions Corp. (NASDAQ:IROH) Sees Large Growth in Short Interest

Iron Horse Acquisitions Corp. (NASDAQ:IROH) saw a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 2,700 shares, a growth of 80.0% from the February 13th total of 1,500 shares. Based on an average daily volume of 28,200 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On Iron Horse Acquisitions

Hedge funds and other institutional investors have recently modified their holdings of the stock. Rivernorth Capital Management LLC increased its holdings in Iron Horse Acquisitions by 13.2% in the 3rd quarter. Rivernorth Capital Management LLC now owns 508,133 shares of the company’s stock valued at $5,178,000 after acquiring an additional 59,108 shares during the last quarter. Wolverine Asset Management LLC lifted its position in shares of Iron Horse Acquisitions by 75.6% in the fourth quarter. Wolverine Asset Management LLC now owns 452,223 shares of the company’s stock worth $4,653,000 after buying an additional 194,728 shares in the last quarter. Berkley W R Corp boosted its stake in Iron Horse Acquisitions by 45.3% during the third quarter. Berkley W R Corp now owns 398,551 shares of the company’s stock valued at $4,061,000 after buying an additional 124,312 shares during the last quarter. Walleye Trading LLC grew its holdings in Iron Horse Acquisitions by 150.0% during the 4th quarter. Walleye Trading LLC now owns 355,500 shares of the company’s stock valued at $3,658,000 after buying an additional 213,300 shares in the last quarter. Finally, Crossingbridge Advisors LLC raised its holdings in shares of Iron Horse Acquisitions by 337.2% during the 3rd quarter. Crossingbridge Advisors LLC now owns 327,868 shares of the company’s stock worth $3,341,000 after acquiring an additional 252,868 shares in the last quarter.

Iron Horse Acquisitions Stock Up 0.3 %

NASDAQ IROH traded up $0.03 during trading hours on Friday, reaching $10.51. The company’s stock had a trading volume of 102 shares, compared to its average volume of 23,606. Iron Horse Acquisitions has a 1 year low of $9.97 and a 1 year high of $11.11. The firm’s 50-day moving average price is $10.40 and its 200-day moving average price is $10.29.

About Iron Horse Acquisitions

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.