Short Interest in Iron Horse Acquisitions Corp. (NASDAQ:IROH) Declines By 22.2%

Iron Horse Acquisitions Corp. (NASDAQ:IROH) was the target of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 2,100 shares, a decrease of 22.2% from the February 28th total of 2,700 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 34,400 shares, the days-to-cover ratio is presently 0.1 days.

Iron Horse Acquisitions Stock Down 0.2 %

Iron Horse Acquisitions stock traded down $0.02 during trading hours on Wednesday, hitting $10.48. 568 shares of the company traded hands, compared to its average volume of 36,344. The firm’s 50-day simple moving average is $10.44 and its two-hundred day simple moving average is $10.32. Iron Horse Acquisitions has a 1-year low of $9.98 and a 1-year high of $11.11.

Institutional Investors Weigh In On Iron Horse Acquisitions

Institutional investors have recently added to or reduced their stakes in the company. Toronto Dominion Bank acquired a new stake in shares of Iron Horse Acquisitions in the fourth quarter valued at $2,808,000. Walleye Capital LLC purchased a new stake in shares of Iron Horse Acquisitions in the 3rd quarter valued at approximately $2,576,000. Walleye Trading LLC boosted its position in shares of Iron Horse Acquisitions by 150.0% in the fourth quarter. Walleye Trading LLC now owns 355,500 shares of the company’s stock worth $3,658,000 after buying an additional 213,300 shares during the period. Quarry LP acquired a new position in shares of Iron Horse Acquisitions in the 4th quarter valued at about $2,058,000. Finally, Wolverine Asset Management LLC lifted its position in shares of Iron Horse Acquisitions by 75.6% in the fourth quarter. Wolverine Asset Management LLC now owns 452,223 shares of the company’s stock worth $4,653,000 after purchasing an additional 194,728 shares in the last quarter.

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.