Iron Horse Acquisitions (NASDAQ:IROH) Trading Up 0.2% – Here’s What Happened

Iron Horse Acquisitions Corp. (NASDAQ:IROH) shares traded up 0.2% during trading on Monday . The company traded as high as $10.23 and last traded at $10.23. 643 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 44,829 shares. The stock had previously closed at $10.21.

Iron Horse Acquisitions Price Performance

The stock has a fifty day simple moving average of $10.16 and a 200-day simple moving average of $10.10.

Hedge Funds Weigh In On Iron Horse Acquisitions

A number of hedge funds have recently bought and sold shares of IROH. Virtu Financial LLC acquired a new position in shares of Iron Horse Acquisitions during the 1st quarter worth approximately $635,000. CVI Holdings LLC acquired a new position in Iron Horse Acquisitions during the second quarter worth $1,932,000. Cowen AND Company LLC lifted its holdings in Iron Horse Acquisitions by 145.7% during the second quarter. Cowen AND Company LLC now owns 122,268 shares of the company’s stock valued at $1,230,000 after purchasing an additional 72,496 shares in the last quarter. Berkley W R Corp acquired a new stake in shares of Iron Horse Acquisitions in the second quarter valued at about $2,759,000. Finally, Wolverine Asset Management LLC purchased a new stake in shares of Iron Horse Acquisitions during the second quarter worth about $43,000.

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.