Short Interest in Iron Horse Acquisitions Corp. (NASDAQ:IROH) Drops By 72.1%

Iron Horse Acquisitions Corp. (NASDAQ:IROH) was the recipient of a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 2,900 shares, a decline of 72.1% from the December 31st total of 10,400 shares. Based on an average trading volume of 17,800 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On Iron Horse Acquisitions

Several institutional investors have recently bought and sold shares of IROH. Wolverine Asset Management LLC grew its stake in Iron Horse Acquisitions by 5,903.6% during the third quarter. Wolverine Asset Management LLC now owns 257,495 shares of the company’s stock valued at $2,624,000 after acquiring an additional 253,206 shares in the last quarter. Crossingbridge Advisors LLC increased its holdings in shares of Iron Horse Acquisitions by 337.2% in the third quarter. Crossingbridge Advisors LLC now owns 327,868 shares of the company’s stock worth $3,341,000 after purchasing an additional 252,868 shares during the period. Walleye Capital LLC purchased a new stake in shares of Iron Horse Acquisitions in the third quarter worth $2,576,000. Walleye Trading LLC bought a new stake in Iron Horse Acquisitions during the third quarter valued at $1,449,000. Finally, Berkley W R Corp increased its stake in Iron Horse Acquisitions by 45.3% in the 3rd quarter. Berkley W R Corp now owns 398,551 shares of the company’s stock worth $4,061,000 after acquiring an additional 124,312 shares during the last quarter.

Iron Horse Acquisitions Trading Up 0.1 %

IROH stock traded up $0.01 during trading on Tuesday, reaching $10.37. The stock had a trading volume of 2,621 shares, compared to its average volume of 22,967. Iron Horse Acquisitions has a one year low of $9.97 and a one year high of $11.11. The company’s 50 day moving average is $10.31 and its two-hundred day moving average is $10.21.

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.