Renatus Tactical Acquisition Corp I (NASDAQ:RTACU) Sees Large Increase in Short Interest

Renatus Tactical Acquisition Corp I (NASDAQ:RTACU) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 887 shares. Based on an average daily volume of 1,646 shares, the days-to-cover ratio is currently 0.5 days.

Hedge Funds Weigh In On Renatus Tactical Acquisition Corp I

A number of institutional investors have recently added to or reduced their stakes in the company. Harraden Circle Investments LLC raised its position in Renatus Tactical Acquisition Corp I by 14.7% during the second quarter. Harraden Circle Investments LLC now owns 1,657,888 shares of the company’s stock worth $17,375,000 after acquiring an additional 212,305 shares in the last quarter. Patriot Financial Group Insurance Agency LLC grew its position 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 valued at $766,000 after acquiring an additional 41,492 shares during the period. Finally, DLD Asset Management LP bought a new position in shares of Renatus Tactical Acquisition Corp I in the 1st quarter valued at about $524,000.

Renatus Tactical Acquisition Corp I Trading Up 0.7%

Shares of Renatus Tactical Acquisition Corp I stock traded up $0.07 on Wednesday, reaching $10.75. 1,521 shares of the company were exchanged, compared to its average volume of 7,772. Renatus Tactical Acquisition Corp I has a one year low of $10.40 and a one year high of $12.54. The company has a 50-day moving average of $10.75 and a 200 day moving average of $10.75.

Renatus Tactical Acquisition Corp I Company Profile

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.