Short Interest in Iron Horse Acquisitions II Corp. (NASDAQ:IRHO) Drops By 55.0%

Iron Horse Acquisitions II Corp. (NASDAQ:IRHO) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 436 shares, a drop of 55.0% from the June 30th total of 969 shares. Based on an average trading volume of 14,679 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Wall Street Analyst Weigh In

Separately, Weiss Ratings started coverage on Iron Horse Acquisitions II in a research report on Monday, May 4th. They issued a “sell (e)” rating for the company. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Iron Horse Acquisitions II currently has an average rating of “Sell”.

Iron Horse Acquisitions II Stock Down 0.1%

IRHO traded down $0.01 during midday trading on Tuesday, reaching $10.01. 53,559 shares of the company’s stock were exchanged, compared to its average volume of 45,087. Iron Horse Acquisitions II has a one year low of $9.85 and a one year high of $10.14. The company’s 50-day moving average is $10.05.

Iron Horse Acquisitions II Company Profile

Iron Horse Acquisitions II Corp is a blank check company.