Short Interest in 1RT Acquisition Corp. (NASDAQ:ONCHU) Grows By ∞

1RT Acquisition Corp. (NASDAQ:ONCHU) was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totaling 573 shares, a growth of ∞ from the July 15th total of 0 shares. Based on an average daily volume of 1,502 shares, the short-interest ratio is presently 0.4 days.

1RT Acquisition Stock Performance

Shares of ONCHU opened at $10.37 on Monday. The company has a 50-day moving average price of $10.39 and a two-hundred day moving average price of $10.34. 1RT Acquisition has a 12 month low of $10.24 and a 12 month high of $11.35.

Hedge Funds Weigh In On 1RT Acquisition

Several hedge funds and other institutional investors have recently modified their holdings of ONCHU. PenderFund Capital Management Ltd. bought a new stake in 1RT Acquisition in the third quarter valued at $52,000. Sandia Investment Management LP bought a new position in shares of 1RT Acquisition during the third quarter valued at $106,000. KRYGER CAPITAL Ltd acquired a new stake in shares of 1RT Acquisition in the 4th quarter valued at $105,000. Scoggin Management LP acquired a new stake in shares of 1RT Acquisition in the 3rd quarter valued at $264,000. Finally, OMERS ADMINISTRATION Corp boosted its stake in shares of 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 purchasing an additional 24,991 shares in the last quarter.

1RT Acquisition Company Profile

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.