Short Interest in Iron Horse Acquisitions Corp. (NASDAQ:IROH) Grows By 136.4%

Iron Horse Acquisitions Corp. (NASDAQ:IROH - Get Free Report) saw a large growth in short interest in May. As of May 31st, there was short interest totalling 2,600 shares, a growth of 136.4% from the May 15th total of 1,100 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 16,900 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in IROH. Mizuho Securities USA LLC boosted its position in Iron Horse Acquisitions by 1.2% in the fourth quarter. Mizuho Securities USA LLC now owns 213,032 shares of the company's stock valued at $2,184,000 after buying an additional 2,604 shares in the last quarter. Virtu Financial LLC acquired a new stake in Iron Horse Acquisitions during the 1st quarter worth about $106,000. Bulldog Investors LLP grew its stake in Iron Horse Acquisitions by 10.2% during the fourth quarter. Bulldog Investors LLP now owns 155,604 shares of the company's stock worth $1,602,000 after purchasing an additional 14,428 shares during the period. Crossingbridge Advisors LLC raised its stake in Iron Horse Acquisitions by 4.6% during the 1st quarter. Crossingbridge Advisors LLC now owns 342,868 shares of the company's stock worth $3,595,000 after buying an additional 15,000 shares during the period. Finally, Warberg Asset Management LLC increased its holdings in shares of Iron Horse Acquisitions by 87.1% during the first quarter. Warberg Asset Management LLC now owns 62,417 shares of the company's stock valued at $655,000 after acquiring an additional 29,050 shares in the last quarter.

Iron Horse Acquisitions Stock Performance

Shares of Iron Horse Acquisitions stock traded down $0.01 on Friday, reaching $10.48. 78,785 shares of the stock were exchanged, compared to its average volume of 34,840. The firm's 50 day moving average is $10.51 and its 200-day moving average is $10.43. Iron Horse Acquisitions has a one year low of $10.06 and a one year high of $11.11.

Iron Horse Acquisitions Company Profile

Iron Horse Acquisitions Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It focuses on identifying targeted companies operating in content studios and film production, family entertainment, animation, music, gaming, e-sports, talent management, and talent-facing brands and businesses in the United States.