Iron Horse Acquisitions Corp. (NASDAQ:IROH) Sees Significant Increase in Short Interest

Iron Horse Acquisitions Corp. (NASDAQ:IROH) saw a significant increase in short interest in September. As of September 15th, there was short interest totalling 3,000 shares, an increase of 100.0% from the August 31st total of 1,500 shares. Based on an average daily volume of 38,700 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Iron Horse Acquisitions Stock Performance

Iron Horse Acquisitions stock remained flat at $10.15 during trading hours on Friday. 25 shares of the company’s stock traded hands, compared to its average volume of 44,557. The firm’s fifty day moving average price is $10.13 and its 200-day moving average price is $10.07. Iron Horse Acquisitions has a 52-week low of $9.97 and a 52-week high of $11.11.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Wolverine Asset Management LLC bought a new position in Iron Horse Acquisitions during the 2nd quarter valued at $43,000. Dakota Wealth Management acquired a new stake in shares of Iron Horse Acquisitions in the second quarter valued at $108,000. Robinson Capital Management LLC bought a new position in Iron Horse Acquisitions during the first quarter valued at about $252,000. Virtu Financial LLC acquired a new position in Iron Horse Acquisitions during the first quarter worth about $635,000. Finally, Shaolin Capital Management LLC bought a new stake in Iron Horse Acquisitions in the first quarter worth about $749,000.

Iron Horse Acquisitions Company Profile

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.