Iron Horse Acquisitions Corp. (NASDAQ:IROH) Short Interest Update

Iron Horse Acquisitions Corp. (NASDAQ:IROH) was the target of a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 5,200 shares, a drop of 11.9% from the October 31st total of 5,900 shares. Based on an average daily volume of 22,500 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of IROH. Dakota Wealth Management purchased a new position in shares of Iron Horse Acquisitions in the 2nd quarter worth approximately $108,000. Wolverine Asset Management LLC purchased a new position in shares of Iron Horse Acquisitions in the 2nd quarter worth approximately $43,000. Cowen AND Company LLC grew its position in shares of Iron Horse Acquisitions by 145.7% in the 2nd 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 during the last quarter. Berkley W R Corp acquired a new stake in Iron Horse Acquisitions in the 2nd quarter worth approximately $2,759,000. Finally, CVI Holdings LLC acquired a new stake in Iron Horse Acquisitions in the 2nd quarter worth approximately $1,932,000.

Iron Horse Acquisitions Stock Performance

NASDAQ IROH remained flat at $10.29 during trading on Friday. 478 shares of the company’s stock were exchanged, compared to its average volume of 10,703. The company has a 50-day simple moving average of $10.24 and a 200 day simple moving average of $10.14. Iron Horse Acquisitions has a 1-year low of $9.97 and a 1-year high of $11.11.

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.