Short Interest in Iron Horse Acquisitions Corp. (NASDAQ:IROH) Declines By 11.9%

Iron Horse Acquisitions Corp. (NASDAQ:IROH) was the target of a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 5,200 shares, a decrease of 11.9% from the October 31st total of 5,900 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 22,500 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On Iron Horse Acquisitions

Several institutional investors have recently modified their holdings of IROH. Verition Fund Management LLC raised its position in shares of Iron Horse Acquisitions by 1.6% during the 3rd 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 in the last quarter. Wolverine Asset Management LLC purchased a new position in Iron Horse Acquisitions during the second quarter valued at $43,000. Dakota Wealth Management purchased a new position in Iron Horse Acquisitions during the second quarter worth $108,000. Cowen AND Company LLC raised its holdings in shares of Iron Horse Acquisitions by 145.7% in the second quarter. Cowen AND Company LLC now owns 122,268 shares of the company’s stock valued at $1,230,000 after acquiring an additional 72,496 shares in the last quarter. Finally, Berkley W R Corp grew its stake in Iron Horse Acquisitions by 45.3% during the 3rd quarter. Berkley W R Corp now owns 398,551 shares of the company’s stock worth $4,061,000 after buying an additional 124,312 shares during the last quarter.

Iron Horse Acquisitions Price Performance

NASDAQ IROH opened at $10.29 on Tuesday. The company has a 50 day simple moving average of $10.24 and a 200-day simple moving average of $10.15. Iron Horse Acquisitions has a 52-week low of $9.97 and a 52-week high of $11.11.

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.