Iron Horse Acquisitions II Corp. Units (NASDAQ:IRHOU) Sees Significant Drop in Short Interest

Iron Horse Acquisitions II Corp. Units (NASDAQ:IRHOUGet Free Report) was the target of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 133 shares, a decrease of 91.6% from the April 15th total of 1,589 shares. Based on an average daily trading volume, of 5,980 shares, the days-to-cover ratio is currently 0.0 days.

Iron Horse Acquisitions II Corp. Units Price Performance

Shares of IRHOU stock traded down $0.00 during trading hours on Wednesday, hitting $10.12. 7,054 shares of the company’s stock were exchanged, compared to its average volume of 22,282. The business’s 50 day moving average price is $10.03. Iron Horse Acquisitions II Corp. Units has a fifty-two week low of $9.94 and a fifty-two week high of $10.23.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Iron Horse Acquisitions II Corp. Units stock. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Iron Horse Acquisitions II Corp. Units (NASDAQ:IRHOUFree Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 100,000 shares of the company’s stock, valued at approximately $994,000.

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