Short Interest in Iron Horse Acquisitions Corp. (NASDAQ:IROH) Drops By 22.2%

Iron Horse Acquisitions Corp. (NASDAQ:IROH) was the recipient of a significant decline in short interest in March. As of March 15th, there was short interest totalling 2,100 shares, a decline of 22.2% from the February 28th total of 2,700 shares. Based on an average daily trading volume, of 34,400 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Hedge Funds Weigh In On Iron Horse Acquisitions

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Spartan Fund Management Inc. increased its position in Iron Horse Acquisitions by 2,272.7% in the fourth quarter. Spartan Fund Management Inc. now owns 52,200 shares of the company’s stock worth $537,000 after purchasing an additional 50,000 shares during the last quarter. Walleye Trading LLC purchased a new stake in shares of Iron Horse Acquisitions during the 3rd quarter valued at about $1,449,000. Yakira Capital Management Inc. bought a new position in shares of Iron Horse Acquisitions in the 4th quarter valued at about $1,582,000. Bulldog Investors LLP increased its stake in Iron Horse Acquisitions by 10.2% during the fourth quarter. Bulldog Investors LLP now owns 155,604 shares of the company’s stock worth $1,602,000 after acquiring an additional 14,428 shares during the last quarter. Finally, Verition Fund Management LLC raised its position 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 valued at $1,699,000 after purchasing an additional 2,621 shares during the period.

Iron Horse Acquisitions Stock Performance

NASDAQ IROH traded down $0.02 on Monday, reaching $10.48. The company had a trading volume of 1,004 shares, compared to its average volume of 36,176. Iron Horse Acquisitions has a 12 month low of $9.98 and a 12 month high of $11.11. The firm’s 50 day moving average price is $10.44 and its 200 day moving average price is $10.32.

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.