1RT Acquisition Corp. (NASDAQ:ONCHU) Stock Short Interest Declines 82.4%

1RT Acquisition Corp. (NASDAQ:ONCHU) was the recipient of a large drop in short interest in September. As of September 15th, there was short interest totaling 219 shares, a drop of 82.4% from the August 31st total of 1,241 shares. Based on an average daily volume of 5,356 shares, the days-to-cover ratio is presently 0.0 days.

1RT Acquisition Trading Down 0.3%

ONCHU stock traded down $0.03 during trading on Friday, hitting $10.40. The stock had a trading volume of 812 shares, compared to its average volume of 6,113. The company’s 50 day moving average price is $10.41 and its two-hundred day moving average price is $10.35. 1RT Acquisition has a 1-year low of $10.24 and a 1-year high of $11.35.

Hedge Funds Weigh In On 1RT Acquisition

Institutional investors have recently modified their holdings of the company. Citadel Advisors LLC grew its stake in 1RT Acquisition by 1.8% in the 2nd quarter. Citadel Advisors LLC now owns 172,678 shares of the company’s stock worth $1,796,000 after acquiring an additional 2,977 shares during the period. OMERS ADMINISTRATION Corp raised its holdings in 1RT Acquisition by 100.0% in the 1st quarter. OMERS ADMINISTRATION Corp now owns 49,991 shares of the company’s stock valued at $514,000 after acquiring an additional 24,991 shares during the last quarter. Finally, Clear Street Group Inc. lifted its stake in shares of 1RT Acquisition by 37.1% during the 4th quarter. Clear Street Group Inc. now owns 98,433 shares of the company’s stock worth $1,024,000 after purchasing an additional 26,632 shares during the period.

About 1RT Acquisition

We are a blank check company incorporated on December 13, 2024 as a Cayman Islands exempted company and incorporated for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.