Short Interest in Iron Horse Acquisitions Corp. (NASDAQ:IROH) Decreases By 72.1%

Iron Horse Acquisitions Corp. (NASDAQ:IROH - Get Free Report) was the target of a large decrease in short interest during 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. Currently, 0.0% of the company's shares are short sold. Based on an average daily volume of 17,800 shares, the short-interest ratio is currently 0.2 days.

Iron Horse Acquisitions Stock Up 0.2 %

Shares of NASDAQ:IROH traded up $0.02 during midday trading on Monday, reaching $10.33. 16,236 shares of the company's stock were exchanged, compared to its average volume of 13,091. Iron Horse Acquisitions has a fifty-two week low of $9.97 and a fifty-two week high of $11.11. The firm's 50 day simple moving average is $10.29 and its two-hundred day simple moving average is $10.19.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Rivernorth Capital Management LLC lifted its holdings in shares of Iron Horse Acquisitions by 13.2% in the 3rd quarter. Rivernorth Capital Management LLC now owns 508,133 shares of the company's stock worth $5,178,000 after acquiring an additional 59,108 shares during the last quarter. Berkley W R Corp raised its position in Iron Horse Acquisitions by 45.3% in the third quarter. Berkley W R Corp now owns 398,551 shares of the company's stock valued at $4,061,000 after purchasing an additional 124,312 shares during the period. Verition Fund Management LLC lifted its stake in 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. Walleye Trading LLC purchased a new position in shares of Iron Horse Acquisitions during the third quarter worth $1,449,000. Finally, Walleye Capital LLC acquired a new stake in shares of Iron Horse Acquisitions in the third quarter valued at $2,576,000.

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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