Iron Horse Acquisitions Corp. (NASDAQ:IROH) Short Interest Up 100.0% in December

Iron Horse Acquisitions Corp. (NASDAQ:IROH) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 10,400 shares, an increase of 100.0% from the November 30th total of 5,200 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 21,400 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Rivernorth Capital Management LLC raised its stake in shares of Iron Horse Acquisitions by 13.2% in the third quarter. Rivernorth Capital Management LLC now owns 508,133 shares of the company’s stock worth $5,178,000 after purchasing an additional 59,108 shares during the last quarter. Berkley W R Corp raised its position in Iron Horse Acquisitions by 45.3% during the 3rd quarter. Berkley W R Corp now owns 398,551 shares of the company’s stock worth $4,061,000 after buying an additional 124,312 shares during the last quarter. Crossingbridge Advisors LLC lifted its stake in Iron Horse Acquisitions by 337.2% during the 3rd quarter. Crossingbridge Advisors LLC now owns 327,868 shares of the company’s stock valued at $3,341,000 after acquiring an additional 252,868 shares during the period. Wolverine Asset Management LLC boosted its holdings in shares of Iron Horse Acquisitions by 5,903.6% in the 3rd 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 during the last quarter. Finally, Walleye Capital LLC purchased a new stake in shares of Iron Horse Acquisitions in the 3rd quarter valued at $2,576,000.

Iron Horse Acquisitions Stock Performance

Shares of Iron Horse Acquisitions stock traded up $0.01 during midday trading on Friday, hitting $10.30. The company had a trading volume of 22,300 shares, compared to its average volume of 6,833. The company has a fifty day simple moving average of $10.28 and a 200 day simple moving average of $10.18. Iron Horse Acquisitions has a 12-month low of $9.97 and a 12-month 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.