1RT Acquisition Corp. (NASDAQ:ONCHU) Short Interest Update

1RT Acquisition Corp. (NASDAQ:ONCHU) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 4,752 shares, an increase of 265.0% from the December 31st total of 1,302 shares. Based on an average daily volume of 8,067 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily volume of 8,067 shares, the days-to-cover ratio is presently 0.6 days.

Hedge Funds Weigh In On 1RT Acquisition

A number of institutional investors have recently made changes to their positions in ONCHU. Jain Global LLC acquired a new stake in 1RT Acquisition in the 3rd quarter valued at approximately $9,381,000. Polar Asset Management Partners Inc. acquired a new position in shares of 1RT Acquisition during the third quarter worth approximately $5,275,000. JPMorgan Chase & Co. bought a new stake in shares of 1RT Acquisition in the third quarter valued at approximately $524,000. PenderFund Capital Management Ltd. acquired a new stake in shares of 1RT Acquisition in the third quarter worth $52,000. Finally, Sandia Investment Management LP bought a new position in 1RT Acquisition during the third quarter worth $106,000.

1RT Acquisition Price Performance

Shares of NASDAQ ONCHU traded up $0.01 during trading hours on Friday, hitting $10.37. 3,888 shares of the stock were exchanged, compared to its average volume of 7,783. 1RT Acquisition has a one year low of $10.20 and a one year high of $11.35. The company’s 50 day moving average is $10.42 and its 200 day moving average is $10.48.

1RT Acquisition Company Profile

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.