Short Interest in Iron Horse Acquisitions Corp. (NASDAQ:IROH) Declines By 53.1%

Iron Horse Acquisitions Corp. (NASDAQ:IROH) was the target of a significant decrease in short interest in the month of February. As of February 15th, there was short interest totalling 1,500 shares, a decrease of 53.1% from the January 31st total of 3,200 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 27,500 shares, the days-to-cover ratio is presently 0.1 days.

Iron Horse Acquisitions Price Performance

IROH traded up $0.01 during midday trading on Friday, reaching $10.47. The company’s stock had a trading volume of 358 shares, compared to its average volume of 26,999. Iron Horse Acquisitions has a 1 year low of $9.97 and a 1 year high of $11.11. The stock’s 50-day moving average is $10.36 and its 200-day moving average is $10.26.

Institutional Investors Weigh In On Iron Horse Acquisitions

A number of hedge funds and other institutional investors have recently bought and sold shares of IROH. Wolverine Asset Management LLC grew its holdings in Iron Horse Acquisitions by 5,903.6% in the third 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 period. Crossingbridge Advisors LLC grew its holdings in 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 during the third quarter valued at approximately $2,576,000. Walleye Trading LLC purchased a new stake in shares of Iron Horse Acquisitions during the third quarter valued at approximately $1,449,000. Finally, Verition Fund Management LLC grew its holdings in shares of Iron Horse Acquisitions by 1.6% during the third quarter. Verition Fund Management LLC now owns 166,706 shares of the company’s stock valued at $1,699,000 after buying an additional 2,621 shares during the last quarter.

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.