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

Iron Horse Acquisitions Corp. (NASDAQ:IROH - Get Free Report) was the target of a significant increase in short interest in February. As of February 28th, there was short interest totalling 2,700 shares, an increase of 80.0% from the February 13th total of 1,500 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 28,200 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On Iron Horse Acquisitions

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Rivernorth Capital Management LLC increased its position in 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. Wolverine Asset Management LLC increased its position in shares of Iron Horse Acquisitions by 75.6% during the fourth quarter. Wolverine Asset Management LLC now owns 452,223 shares of the company's stock valued at $4,653,000 after acquiring an additional 194,728 shares during the last quarter. Berkley W R Corp increased its position in shares of 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 acquiring an additional 124,312 shares during the last quarter. Walleye Trading LLC increased its position in shares of Iron Horse Acquisitions by 150.0% during the fourth quarter. Walleye Trading LLC now owns 355,500 shares of the company's stock valued at $3,658,000 after acquiring an additional 213,300 shares during the last quarter. Finally, Crossingbridge Advisors LLC increased its position in shares of Iron Horse Acquisitions by 337.2% during the third quarter. Crossingbridge Advisors LLC now owns 327,868 shares of the company's stock valued at $3,341,000 after acquiring an additional 252,868 shares during the last quarter.

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Iron Horse Acquisitions Stock Performance

IROH traded down $0.02 during midday trading on Tuesday, hitting $10.49. 13,363 shares of the company traded hands, compared to its average volume of 37,170. Iron Horse Acquisitions has a 52-week low of $9.97 and a 52-week high of $11.11. The business has a 50 day simple moving average of $10.41 and a two-hundred day simple moving average of $10.30.

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.