1RT Acquisition Corp. (NASDAQ:ONCHU) Short Interest Update

1RT Acquisition Corp. (NASDAQ:ONCHU) saw a large increase in short interest in February. As of February 27th, there was short interest totaling 651 shares, an increase of 26.2% from the February 12th total of 516 shares. Based on an average trading volume of 4,657 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 4,657 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On 1RT Acquisition

Several institutional investors have recently bought and sold shares of the business. PenderFund Capital Management Ltd. bought a new position in 1RT Acquisition in the third quarter worth approximately $52,000. MASO CAPITAL PARTNERS Ltd bought a new stake in shares of 1RT Acquisition in the 3rd quarter valued at about $106,000. Readystate Asset Management LP acquired a new stake in 1RT Acquisition in the third quarter valued at approximately $105,000. Syquant Capital Sas purchased a new position in 1RT Acquisition during the 3rd quarter worth $105,000. Finally, Bulldog Investors LLP purchased a new stake in shares of 1RT Acquisition during the third quarter worth about $106,000.

1RT Acquisition Stock Performance

NASDAQ ONCHU remained flat at $10.30 during trading on Friday. 322 shares of the company’s stock were exchanged, compared to its average volume of 6,135. 1RT Acquisition has a 1-year low of $10.20 and a 1-year high of $11.35. The company has a 50-day simple moving average of $10.35 and a 200 day simple moving average of $10.45.

About 1RT Acquisition

We are a blank check company incorporated on December 13, 2024 as a Cayman Islands exempted company and incorporated for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.