Iron Horse Acquisitions Corp. (NASDAQ:IROH) Short Interest Update

Iron Horse Acquisitions Corp. (NASDAQ:IROH) saw a significant 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 short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Investors Weigh In On Iron Horse Acquisitions

Several institutional investors have recently modified their holdings of the business. Wolverine Asset Management LLC boosted its position 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 worth $2,624,000 after purchasing an additional 253,206 shares during the last quarter. Crossingbridge Advisors LLC lifted its stake in Iron Horse Acquisitions by 337.2% in the third quarter. Crossingbridge Advisors LLC now owns 327,868 shares of the company’s stock valued at $3,341,000 after buying an additional 252,868 shares during the period. Walleye Capital LLC acquired a new position in shares of Iron Horse Acquisitions during the 3rd quarter worth about $2,576,000. Walleye Trading LLC bought a new stake in shares of Iron Horse Acquisitions in the 3rd quarter valued at about $1,449,000. Finally, Verition Fund Management LLC raised its position in shares of Iron Horse Acquisitions by 1.6% in the 3rd quarter. Verition Fund Management LLC now owns 166,706 shares of the company’s stock valued at $1,699,000 after acquiring an additional 2,621 shares during the period.

Iron Horse Acquisitions Stock Performance

Shares of Iron Horse Acquisitions stock traded up $0.01 during midday trading on Wednesday, reaching $10.41. The company had a trading volume of 40,289 shares, compared to its average volume of 26,805. The stock has a fifty day simple moving average of $10.31 and a 200 day simple moving average of $10.22. Iron Horse Acquisitions has a 1-year low of $9.97 and a 1-year 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.