Iron Horse Acquisitions Corp. (NASDAQ:IROH) Short Interest Update

Iron Horse Acquisitions Corp. (NASDAQ:IROH) was the recipient of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 1,500 shares, a drop of 53.1% from the January 31st total of 3,200 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 27,500 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Iron Horse Acquisitions

A number of hedge funds and other institutional investors have recently made changes to their positions in IROH. Spartan Fund Management Inc. boosted its position in shares of Iron Horse Acquisitions by 2,272.7% during 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 in the last quarter. Walleye Trading LLC bought a new position in shares of Iron Horse Acquisitions during the third quarter worth $1,449,000. Yakira Capital Management Inc. bought a new position in shares of Iron Horse Acquisitions during the fourth quarter worth $1,582,000. Bulldog Investors LLP boosted its position in shares of 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 purchasing an additional 14,428 shares in the last quarter. Finally, Verition Fund Management LLC boosted its position in shares of Iron Horse Acquisitions by 1.6% during the third quarter. Verition Fund Management LLC now owns 166,706 shares of the company’s stock worth $1,699,000 after purchasing an additional 2,621 shares in the last quarter.

Iron Horse Acquisitions Price Performance

IROH stock traded up $0.01 during midday trading on Friday, reaching $10.47. The company’s stock had a trading volume of 358 shares, compared to its average volume of 26,999. Iron Horse Acquisitions has a 52 week low of $9.97 and a 52 week high of $11.11. The business’s 50-day simple moving average is $10.36 and its 200-day simple moving average is $10.26.

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.