Short Interest in Iron Horse Acquisitions Corp. (NASDAQ:IROH) Expands By 39.1%

Iron Horse Acquisitions Corp. (NASDAQ:IROH - Get Free Report) was the recipient of a large increase in short interest in January. As of January 31st, there was short interest totalling 3,200 shares, an increase of 39.1% from the January 15th total of 2,300 shares. Based on an average daily trading volume, of 28,400 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

Iron Horse Acquisitions Stock Performance

IROH stock remained flat at $10.39 on Tuesday. The company had a trading volume of 699 shares, compared to its average volume of 30,900. Iron Horse Acquisitions has a 12-month low of $9.97 and a 12-month high of $11.11. The firm's 50-day moving average price is $10.33 and its two-hundred day moving average price is $10.25.

Institutional Investors Weigh In On Iron Horse Acquisitions

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Mizuho Securities USA LLC lifted its stake in Iron Horse Acquisitions by 1.2% in the 4th quarter. Mizuho Securities USA LLC now owns 213,032 shares of the company's stock valued at $2,184,000 after buying an additional 2,604 shares in the last quarter. Verition Fund Management LLC boosted its holdings 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 during the last quarter. Bulldog Investors LLP boosted its holdings in shares of Iron Horse Acquisitions by 10.2% during the fourth quarter. Bulldog Investors LLP now owns 155,604 shares of the company's stock worth $1,602,000 after purchasing an additional 14,428 shares during the last quarter. Spartan Fund Management Inc. boosted its holdings in shares of Iron Horse Acquisitions by 2,272.7% during the fourth quarter. Spartan Fund Management Inc. now owns 52,200 shares of the company's stock worth $537,000 after purchasing an additional 50,000 shares during the last quarter. Finally, Rivernorth Capital Management LLC boosted its holdings in shares of Iron Horse Acquisitions by 13.2% during the third quarter. Rivernorth Capital Management LLC now owns 508,133 shares of the company's stock worth $5,178,000 after purchasing an additional 59,108 shares during the last quarter.

Iron Horse Acquisitions Company Profile

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.