Iron Horse Acquisitions Corp. (NASDAQ:IROH – Get Free Report) saw a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 5,200 shares, a decline of 11.9% from the October 31st total of 5,900 shares. Approximately 0.1% of the company’s shares 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 large investors have recently added to or reduced their stakes in IROH. Wolverine Asset Management LLC acquired a new stake in shares of Iron Horse Acquisitions in the second quarter worth approximately $43,000. Dakota Wealth Management acquired a new position in shares of Iron Horse Acquisitions in the 2nd quarter valued at $108,000. Cowen AND Company LLC grew its stake in shares of Iron Horse Acquisitions by 145.7% during the 2nd quarter. Cowen AND Company LLC now owns 122,268 shares of the company’s stock valued at $1,230,000 after buying an additional 72,496 shares during the period. Walleye Trading LLC acquired a new stake in shares of Iron Horse Acquisitions during the 3rd quarter worth $1,449,000. Finally, Verition Fund Management LLC raised its position in shares of Iron Horse Acquisitions by 1.6% in the 3rd quarter. Verition Fund Management LLC now owns 166,706 shares of the company’s stock worth $1,699,000 after buying an additional 2,621 shares during the period.
Iron Horse Acquisitions Price Performance
Shares of Iron Horse Acquisitions stock remained flat at $10.29 during trading hours on Monday. The company’s stock had a trading volume of 278 shares, compared to its average volume of 40,713. Iron Horse Acquisitions has a one year low of $9.97 and a one year high of $11.11. The company’s 50-day moving average is $10.24 and its two-hundred day moving average is $10.14.
About Iron Horse Acquisitions
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.
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