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

Renatus Tactical Acquisition Corp I (NASDAQ:RTACU) saw 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 trading volume of 3,100 shares, the days-to-cover ratio is currently 0.0 days.

Hedge Funds Weigh In On Renatus Tactical Acquisition Corp I

Hedge funds have recently bought and sold shares of the business. T3 Companies LLC purchased a new stake in shares of Renatus Tactical Acquisition Corp I in the 4th quarter worth $114,000. Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of Renatus Tactical Acquisition Corp I by 9.4% in the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 31,542 shares of the company’s stock worth $349,000 after buying an additional 2,702 shares during the period. Clear Street Group Inc. purchased a new stake in shares of Renatus Tactical Acquisition Corp I in the 3rd quarter worth $370,000. JPMorgan Chase & Co. purchased a new stake in shares of Renatus Tactical Acquisition Corp I in the 2nd quarter worth $499,000. Finally, DLD Asset Management LP purchased a new stake in shares of Renatus Tactical Acquisition Corp I in the 1st quarter worth $524,000.

Renatus Tactical Acquisition Corp I Stock Performance

Renatus Tactical Acquisition Corp I stock traded up $0.01 during mid-day trading on Friday, hitting $10.80. The company’s stock had a trading volume of 378 shares, compared to its average volume of 10,035. The company has a 50 day moving average of $10.69 and a 200-day moving average of $10.87. Renatus Tactical Acquisition Corp I has a one year low of $10.40 and a one year high of $14.25.

Renatus Tactical Acquisition Corp I Company Profile

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.