Renatus Tactical Acquisition Corp I (NASDAQ:RTACU – Get Free Report) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 887 shares. Based on an average trading volume of 1,646 shares, the short-interest ratio is presently 0.5 days.
Renatus Tactical Acquisition Corp I Trading Down 0.2%
Shares of RTACU stock opened at $10.57 on Friday. The company has a 50 day moving average price of $10.74 and a 200-day moving average price of $10.75. Renatus Tactical Acquisition Corp I has a 52 week low of $10.40 and a 52 week high of $12.45.
Institutional Investors Weigh In On Renatus Tactical Acquisition Corp I
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Harraden Circle Investments LLC raised its stake in Renatus Tactical Acquisition Corp I by 14.7% during the 2nd quarter. Harraden Circle Investments LLC now owns 1,657,888 shares of the company’s stock valued at $17,375,000 after buying an additional 212,305 shares during the last quarter. Patriot Financial Group Insurance Agency LLC boosted its stake 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 worth $766,000 after buying an additional 41,492 shares during the last quarter. Finally, DLD Asset Management LP purchased a new position in shares of Renatus Tactical Acquisition Corp I in the 1st quarter worth $524,000.
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.
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