Iron Horse Acquisitions Corp. (NASDAQ:IROH) Short Interest Update

Iron Horse Acquisitions Corp. (NASDAQ:IROH - Get Free Report) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 6,000 shares, an increase of 93.5% from the September 30th total of 3,100 shares. Based on an average trading volume of 34,100 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

Iron Horse Acquisitions Stock Performance

IROH stock traded down $0.01 during trading hours on Monday, reaching $10.23. The stock had a trading volume of 323 shares, compared to its average volume of 43,909. The stock has a 50-day simple moving average of $10.17 and a 200 day simple moving average of $10.10. Iron Horse Acquisitions has a fifty-two week low of $9.97 and a fifty-two week high of $11.11.

Institutional Trading of Iron Horse Acquisitions

Hedge funds have recently modified their holdings of the stock. Virtu Financial LLC acquired a new stake in shares of Iron Horse Acquisitions during the 1st quarter worth about $635,000. CVI Holdings LLC acquired a new stake in Iron Horse Acquisitions in the 2nd quarter worth about $1,932,000. Cowen AND Company LLC raised its stake in Iron Horse Acquisitions by 145.7% in the 2nd quarter. Cowen AND Company LLC now owns 122,268 shares of the company's stock worth $1,230,000 after purchasing an additional 72,496 shares in the last quarter. Berkley W R Corp acquired a new stake in Iron Horse Acquisitions in the 2nd quarter worth about $2,759,000. Finally, Wolverine Asset Management LLC acquired a new stake in Iron Horse Acquisitions in the 2nd quarter worth about $43,000.

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.

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