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

1RT Acquisition Corp. (NASDAQ:ONCHU) was the recipient of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 219 shares, a drop of 82.4% from the August 31st total of 1,241 shares. Based on an average daily trading volume, of 5,356 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of 1RT Acquisition

A number of hedge funds have recently bought and sold shares of the business. OMERS ADMINISTRATION Corp boosted its position in 1RT Acquisition by 100.0% in the first quarter. OMERS ADMINISTRATION Corp now owns 49,991 shares of the company’s stock worth $514,000 after purchasing an additional 24,991 shares during the last quarter. Clear Street Group Inc. grew its stake in 1RT Acquisition by 37.1% in the 4th quarter. Clear Street Group Inc. now owns 98,433 shares of the company’s stock valued at $1,024,000 after purchasing an additional 26,632 shares during the period. Finally, Citadel Advisors LLC increased its position in shares of 1RT Acquisition by 1.8% during the 2nd quarter. Citadel Advisors LLC now owns 172,678 shares of the company’s stock valued at $1,796,000 after purchasing an additional 2,977 shares during the last quarter.

1RT Acquisition Price Performance

1RT Acquisition stock opened at $10.43 on Friday. 1RT Acquisition has a 52 week low of $10.24 and a 52 week high of $11.35. The company’s 50 day moving average price is $10.41 and its two-hundred day moving average price is $10.35.

1RT Acquisition Company Profile

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.