Renatus Tactical Acquisition Corp I (NASDAQ:RTACU) Short Interest Update

Renatus Tactical Acquisition Corp I (NASDAQ:RTACU) was the recipient of a significant increase in short interest in May. As of May 29th, there was short interest totaling 33 shares, an increase of ∞ from the May 14th total of 0 shares. Based on an average daily volume of 3,100 shares, the days-to-cover ratio is presently 0.0 days.

Renatus Tactical Acquisition Corp I Price Performance

RTACU stock opened at $10.77 on Tuesday. The firm has a fifty day moving average price of $10.69 and a 200 day moving average price of $10.87. Renatus Tactical Acquisition Corp I has a fifty-two week low of $10.40 and a fifty-two week high of $14.25.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Patriot Financial Group Insurance Agency LLC boosted its stake in Renatus Tactical Acquisition Corp I by 9.4% during the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 31,542 shares of the company’s stock worth $349,000 after buying an additional 2,702 shares during the period. T3 Companies LLC purchased a new position in Renatus Tactical Acquisition Corp I during the fourth quarter worth $114,000. Clear Street Group Inc. purchased a new position in Renatus Tactical Acquisition Corp I during the third quarter worth $370,000. JPMorgan Chase & Co. purchased a new position in Renatus Tactical Acquisition Corp I during the second quarter worth $499,000. Finally, DLD Asset Management LP purchased a new position in Renatus Tactical Acquisition Corp I during the first quarter worth $524,000.

About Renatus Tactical Acquisition Corp I

Renatus Tactical Acquisition Corp I is a special purpose acquisition company (SPAC) organized to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination. Incorporated in Delaware, the company carries no ongoing operations of its own but is formed to identify and consummate a transaction with one or more businesses.

In March 2021, Renatus Tactical Acquisition Corp I completed its initial public offering of units, each consisting of one share of common stock and a fraction of a warrant, and began trading on the Nasdaq under the ticker symbol RTACU.