Short Interest in 1RT Acquisition Corp. (NASDAQ:ONCHU) Expands By 305.0%

1RT Acquisition Corp. (NASDAQ:ONCHU) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 1,539 shares, a growth of 305.0% from the June 15th total of 380 shares. Based on an average daily volume of 1,866 shares, the days-to-cover ratio is currently 0.8 days.

1RT Acquisition Trading Down 1.5%

NASDAQ ONCHU traded down $0.15 during mid-day trading on Monday, hitting $10.40. The company’s stock had a trading volume of 8,865 shares, compared to its average volume of 6,571. 1RT Acquisition has a 52-week low of $10.24 and a 52-week high of $11.35. The stock’s fifty day simple moving average is $10.34 and its two-hundred day simple moving average is $10.33.

Institutional Investors Weigh In On 1RT Acquisition

Several large investors have recently made changes to their positions in ONCHU. Jain Global LLC purchased a new stake in shares of 1RT Acquisition during the third quarter worth about $9,381,000. Polar Asset Management Partners Inc. purchased a new position in 1RT Acquisition in the third quarter valued at about $5,275,000. Millennium Management LLC acquired a new stake in 1RT Acquisition during the 3rd quarter valued at approximately $3,471,000. Ghisallo Capital Management LLC acquired a new stake in 1RT Acquisition during the 3rd quarter valued at approximately $2,622,000. Finally, Moore Capital Management LP purchased a new stake in 1RT Acquisition during the 3rd quarter worth approximately $2,638,000.

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.