Iron Horse Acquisitions Corp. (NASDAQ:IROH) Short Interest Up 100.0% in December

Iron Horse Acquisitions Corp. (NASDAQ:IROH) saw a significant growth in short interest in December. As of December 15th, there was short interest totalling 10,400 shares, a growth of 100.0% from the November 30th total of 5,200 shares. Based on an average daily volume of 21,400 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Investors Weigh In On Iron Horse Acquisitions

Several institutional investors and hedge funds have recently added to or reduced their stakes in IROH. Verition Fund Management LLC boosted its stake in shares of Iron Horse Acquisitions by 1.6% in the third quarter. Verition Fund Management LLC now owns 166,706 shares of the company’s stock worth $1,699,000 after acquiring an additional 2,621 shares during the last quarter. Wolverine Asset Management LLC purchased a new stake in shares of Iron Horse Acquisitions during the second quarter worth $43,000. Rivernorth Capital Management LLC raised its position in shares of Iron Horse Acquisitions by 13.2% in the third quarter. Rivernorth Capital Management LLC now owns 508,133 shares of the company’s stock valued at $5,178,000 after buying an additional 59,108 shares during the last quarter. Cowen AND Company LLC lifted its stake in shares of Iron Horse Acquisitions by 145.7% in the second quarter. Cowen AND Company LLC now owns 122,268 shares of the company’s stock worth $1,230,000 after buying an additional 72,496 shares in the last quarter. Finally, Berkley W R Corp boosted its position in Iron Horse Acquisitions by 45.3% during the third quarter. Berkley W R Corp now owns 398,551 shares of the company’s stock worth $4,061,000 after acquiring an additional 124,312 shares during the last quarter.

Iron Horse Acquisitions Stock Up 0.1 %

Shares of Iron Horse Acquisitions stock traded up $0.01 on Friday, reaching $10.30. The company’s stock had a trading volume of 22,300 shares, compared to its average volume of 6,833. Iron Horse Acquisitions has a 52-week low of $9.97 and a 52-week high of $11.11. The stock has a 50-day moving average price of $10.28 and a 200-day moving average price of $10.18.

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.