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

1RT Acquisition Corp. (NASDAQ:ONCHUGet Free Report) was the recipient of a significant increase in short interest in June. As of June 30th, there was short interest totaling 1,539 shares, an increase of 305.0% from the June 15th total of 380 shares. Based on an average trading volume of 1,866 shares, the days-to-cover ratio is currently 0.8 days.

Hedge Funds Weigh In On 1RT Acquisition

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. OMERS ADMINISTRATION Corp grew its stake in shares of 1RT Acquisition by 100.0% during the first quarter. OMERS ADMINISTRATION Corp now owns 49,991 shares of the company’s stock worth $514,000 after buying an additional 24,991 shares during the last quarter. Toronto Dominion Bank lifted its stake in shares of 1RT Acquisition by 28.0% in the 4th quarter. Toronto Dominion Bank now owns 102,438 shares of the company’s stock valued at $1,065,000 after acquiring an additional 22,438 shares during the last quarter. KRYGER CAPITAL Ltd acquired a new stake in shares of 1RT Acquisition during the 4th quarter valued at $105,000. Clear Street Group Inc. boosted its holdings in shares of 1RT Acquisition by 37.1% during the 4th quarter. Clear Street Group Inc. now owns 98,433 shares of the company’s stock valued at $1,024,000 after acquiring an additional 26,632 shares in the last quarter. Finally, JPMorgan Chase & Co. bought a new stake in 1RT Acquisition during the 3rd quarter worth $524,000.

1RT Acquisition Stock Up 1.0%

Shares of ONCHU stock traded up $0.11 on Tuesday, reaching $10.65. The company had a trading volume of 5,506 shares, compared to its average volume of 6,558. The business’s 50-day moving average is $10.34 and its 200 day moving average is $10.33. 1RT Acquisition has a one year low of $10.24 and a one year high of $11.35.

1RT Acquisition Company Profile

(Get Free Report)

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.

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