Renatus Tactical Acquisition Corp I (NASDAQ:RTACU) Short Interest Up 3,692.5% in June

by · The Markets Daily

Renatus Tactical Acquisition Corp I (NASDAQ:RTACU – Get Free Report) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 1,517 shares, a growth of 3,692.5% from the June 15th total of 40 shares. Based on an average daily volume of 3,517 shares, the days-to-cover ratio is currently 0.4 days.

Renatus Tactical Acquisition Corp I Stock Performance

Renatus Tactical Acquisition Corp I stock traded up $0.11 during mid-day trading on Friday, reaching $11.02. The company’s stock had a trading volume of 3,266 shares, compared to its average volume of 9,123. Renatus Tactical Acquisition Corp I has a twelve month low of $10.40 and a twelve month high of $14.25. The business has a 50 day moving average price of $10.79 and a 200-day moving average price of $10.84.

Hedge Funds Weigh In On Renatus Tactical Acquisition Corp I

A number of large investors have recently bought and sold shares of RTACU. T3 Companies LLC bought a new position in Renatus Tactical Acquisition Corp I during the 4th quarter worth $114,000. Patriot Financial Group Insurance Agency LLC lifted its stake in Renatus Tactical Acquisition Corp I by 9.4% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 31,542 shares of the company’s stock valued at $349,000 after buying an additional 2,702 shares during the last quarter. Clear Street Group Inc. acquired a new position in shares of Renatus Tactical Acquisition Corp I during the third quarter valued at $370,000. JPMorgan Chase & Co. acquired a new position in shares of Renatus Tactical Acquisition Corp I during the second quarter valued at $499,000. Finally, DLD Asset Management LP bought a new position in shares of Renatus Tactical Acquisition Corp I during the first quarter worth about $524,000.

Renatus Tactical Acquisition Corp I Company Profile

(Get Free Report)

Renatus Tactical Acquisition Corp I is a special purpose acquisition company (SPAC) organized to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination. Incorporated in Delaware, the company carries no ongoing operations of its own but is formed to identify and consummate a transaction with one or more businesses.

In March 2021, Renatus Tactical Acquisition Corp I completed its initial public offering of units, each consisting of one share of common stock and a fraction of a warrant, and began trading on the Nasdaq under the ticker symbol RTACU.

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