Iron Horse Acquisitions Corp. (NASDAQ:IROH) Sees Large Growth in Short Interest

Iron Horse Acquisitions Corp. (NASDAQ:IROHGet Free Report) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 6,000 shares, an increase of 93.5% from the September 30th total of 3,100 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 34,100 shares, the days-to-cover ratio is currently 0.2 days.

Iron Horse Acquisitions Price Performance

NASDAQ IROH traded down $0.02 during trading on Monday, reaching $10.23. The company’s stock had a trading volume of 323 shares, compared to its average volume of 43,909. Iron Horse Acquisitions has a one year low of $9.97 and a one year high of $11.11. The firm has a fifty day moving average of $10.17 and a 200 day moving average of $10.10.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Berkley W R Corp purchased a new stake in shares of Iron Horse Acquisitions in the second quarter worth $2,759,000. Karpus Management Inc. purchased a new position in shares of Iron Horse Acquisitions in the 1st quarter worth approximately $2,709,000. CVI Holdings LLC purchased a new position in shares of Iron Horse Acquisitions in the 2nd quarter worth approximately $1,932,000. Whitebox Advisors LLC purchased a new position in Iron Horse Acquisitions during the 1st quarter valued at $1,497,000. Finally, Periscope Capital Inc. purchased a new position in Iron Horse Acquisitions during the 1st quarter valued at $998,000.

Iron Horse Acquisitions Company Profile

(Get Free Report)

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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