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

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

1RT Acquisition Stock Performance

Shares of 1RT Acquisition stock traded up $0.02 during trading hours on Wednesday, reaching $10.44. The stock had a trading volume of 23,475 shares, compared to its average volume of 6,213. The firm has a 50 day simple moving average of $10.41 and a two-hundred day simple moving average of $10.35. 1RT Acquisition has a 1 year low of $10.24 and a 1 year high of $11.35.

Institutional Trading of 1RT Acquisition

A number of hedge funds have recently made changes to their positions in the company. Citadel Advisors LLC boosted its position in 1RT Acquisition by 1.8% in the 2nd quarter. Citadel Advisors LLC now owns 172,678 shares of the company’s stock valued at $1,796,000 after buying an additional 2,977 shares during the last quarter. OMERS ADMINISTRATION Corp increased its position in shares of 1RT Acquisition by 100.0% during the first quarter. OMERS ADMINISTRATION Corp now owns 49,991 shares of the company’s stock worth $514,000 after acquiring an additional 24,991 shares during the last quarter. Finally, Clear Street Group Inc. increased its position in shares of 1RT Acquisition by 37.1% during the fourth quarter. Clear Street Group Inc. now owns 98,433 shares of the company’s stock worth $1,024,000 after acquiring an additional 26,632 shares during the last quarter.

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.