Renatus Tactical Acquisition Corp I (NASDAQ:RTACU) Sees Significant Growth in Short Interest

Renatus Tactical Acquisition Corp I (NASDAQ:RTACU) was the recipient of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 33 shares, a growth of ∞ from the May 14th total of 0 shares. Based on an average daily volume of 3,100 shares, the days-to-cover ratio is currently 0.0 days.

Renatus Tactical Acquisition Corp I Trading Up 0.0%

Shares of NASDAQ RTACU traded up $0.01 during mid-day trading on Friday, reaching $10.80. 378 shares of the company were exchanged, compared to its average volume of 10,035. Renatus Tactical Acquisition Corp I has a 1 year low of $10.40 and a 1 year high of $14.25. The firm has a 50-day moving average of $10.69 and a 200 day moving average of $10.87.

Institutional Investors Weigh In On Renatus Tactical Acquisition Corp I

A number of hedge funds have recently made changes to their positions in RTACU. JPMorgan Chase & Co. purchased a new stake in shares of Renatus Tactical Acquisition Corp I during the 2nd quarter worth $499,000. Karpus Management Inc. purchased a new stake in shares of Renatus Tactical Acquisition Corp I during the 2nd quarter worth $2,219,000. Jane Street Group LLC purchased a new stake in shares of Renatus Tactical Acquisition Corp I during the 2nd quarter worth $1,829,000. Balyasny Asset Management L.P. purchased a new stake in shares of Renatus Tactical Acquisition Corp I during the 2nd quarter worth $3,579,000. Finally, Massar Capital Management LP purchased a new stake in shares of Renatus Tactical Acquisition Corp I during the 2nd quarter worth $929,000.

About Renatus Tactical Acquisition Corp I

Renatus Tactical Acquisition Corp I is a special purpose acquisition company (SPAC) organized to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination. Incorporated in Delaware, the company carries no ongoing operations of its own but is formed to identify and consummate a transaction with one or more businesses.

In March 2021, Renatus Tactical Acquisition Corp I completed its initial public offering of units, each consisting of one share of common stock and a fraction of a warrant, and began trading on the Nasdaq under the ticker symbol RTACU.