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

Iron Horse Acquisitions Corp. (NASDAQ:IROH) saw a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 2,900 shares, a drop of 72.1% from the December 31st total of 10,400 shares. Based on an average daily volume of 17,800 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are short sold.

Institutional Trading of Iron Horse Acquisitions

Several institutional investors have recently added to or reduced their stakes in the business. Rivernorth Capital Management LLC increased its holdings in 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 buying an additional 59,108 shares in the last quarter. Wolverine Asset Management LLC grew its holdings in shares of Iron Horse Acquisitions by 5,903.6% in the third quarter. Wolverine Asset Management LLC now owns 257,495 shares of the company’s stock worth $2,624,000 after acquiring an additional 253,206 shares during the period. Berkley W R Corp increased its position in 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 purchased a new stake in shares of Iron Horse Acquisitions in the 3rd quarter worth $1,449,000. Finally, Walleye Capital LLC purchased a new stake in Iron Horse Acquisitions in the 3rd quarter worth $2,576,000.

Iron Horse Acquisitions Price Performance

IROH stock traded up $0.01 during midday trading on Tuesday, hitting $10.37. The stock had a trading volume of 2,621 shares, compared to its average volume of 22,967. The business has a 50-day moving average of $10.31 and a two-hundred day moving average of $10.21. Iron Horse Acquisitions has a 52-week low of $9.97 and a 52-week high of $11.11.

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.