1RT Acquisition Corp. (NASDAQ:ONCHU) Sees Significant Growth in Short Interest

1RT Acquisition Corp. (NASDAQ:ONCHU) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 1,241 shares, an increase of ? from the August 15th total of 0 shares. Based on an average daily volume of 1,856 shares, the days-to-cover ratio is presently 0.7 days.

Hedge Funds Weigh In On 1RT Acquisition

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Citadel Advisors LLC increased its position in 1RT Acquisition by 1.8% during the second quarter. Citadel Advisors LLC now owns 172,678 shares of the company’s stock worth $1,796,000 after buying an additional 2,977 shares during the period. OMERS ADMINISTRATION Corp boosted its holdings in 1RT Acquisition by 100.0% in the first 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. grew its stake in shares of 1RT Acquisition by 37.1% in the fourth quarter. Clear Street Group Inc. now owns 98,433 shares of the company’s stock valued at $1,024,000 after buying an additional 26,632 shares in the last quarter.

1RT Acquisition Stock Down 0.2%

Shares of NASDAQ:ONCHU opened at $10.42 on Tuesday. The business’s 50-day moving average is $10.41 and its 200 day moving average is $10.35. 1RT Acquisition has a 1 year low of $10.24 and a 1 year high of $11.35.

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.