Iron Horse Acquisitions Corp. (NASDAQ:IROH - Get Free Report) was the target of a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 2,100 shares, a drop of 22.2% from the February 28th total of 2,700 shares. Currently, 0.0% of the company's shares are short sold. Based on an average daily volume of 34,400 shares, the short-interest ratio is presently 0.1 days.
Iron Horse Acquisitions Stock Down 0.2 %
Shares of IROH traded down $0.02 during trading hours on Thursday, reaching $10.48. 125 shares of the company traded hands, compared to its average volume of 36,149. The stock's fifty day moving average price is $10.44 and its 200 day moving average price is $10.32. Iron Horse Acquisitions has a 12-month low of $9.99 and a 12-month high of $11.11.
Institutional Investors Weigh In On Iron Horse Acquisitions
A number of institutional investors and hedge funds have recently added to or reduced their stakes in IROH. Spartan Fund Management Inc. raised its stake 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 valued at $537,000 after acquiring an additional 50,000 shares in the last quarter. Walleye Trading LLC bought a new stake in Iron Horse Acquisitions during the 3rd quarter valued at $1,449,000. Yakira Capital Management Inc. purchased a new stake in shares of Iron Horse Acquisitions in the 4th quarter worth $1,582,000. Bulldog Investors LLP grew its position in shares of Iron Horse Acquisitions by 10.2% during the 4th quarter. Bulldog Investors LLP now owns 155,604 shares of the company's stock worth $1,602,000 after buying an additional 14,428 shares in the last quarter. Finally, Verition Fund Management LLC increased 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 valued at $1,699,000 after buying an additional 2,621 shares during the period.
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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