Renatus Tactical Acquisition Corp I (NASDAQ:RTACU) Sees Large Increase in Short Interest

Renatus Tactical Acquisition Corp I (NASDAQ:RTACU) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 887 shares. Based on an average daily trading volume, of 1,646 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On Renatus Tactical Acquisition Corp I

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Harraden Circle Investments LLC grew its stake in shares of Renatus Tactical Acquisition Corp I by 109.6% during the second quarter. Harraden Circle Investments LLC now owns 232,157 shares of the company’s stock worth $176,000 after acquiring an additional 121,414 shares during the last quarter. DLD Asset Management LP purchased a new position in shares of Renatus Tactical Acquisition Corp I in the 1st quarter valued at approximately $524,000. Finally, Patriot Financial Group Insurance Agency LLC raised its position in shares of Renatus Tactical Acquisition Corp I by 131.5% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 73,034 shares of the company’s stock valued at $766,000 after purchasing an additional 41,492 shares during the last quarter.

Renatus Tactical Acquisition Corp I Trading Down 0.7%

Shares of NASDAQ RTACU traded down $0.07 during trading hours on Thursday, hitting $10.58. 8,384 shares of the stock were exchanged, compared to its average volume of 7,796. Renatus Tactical Acquisition Corp I has a 12 month low of $10.40 and a 12 month high of $12.45. The firm has a fifty day moving average price of $10.74 and a 200-day moving average price of $10.75.

About Renatus Tactical Acquisition Corp I

Renatus Tactical Acquisition Corp I is a special purpose acquisition company, or SPAC, formed to pursue a business combination with an operating company. Rather than conducting commercial operations of its own, the company seeks to identify and acquire, merge with, or otherwise combine with one or more businesses.

As a blank-check company, Renatus Tactical Acquisition Corp I does not currently offer products or services, operate production facilities, or serve customers through an established commercial business.