RF Acquisition Corp. (NASDAQ:RFAC) Short Interest Update

RF Acquisition Corp. (NASDAQ:RFAC – Get Free Report ) was the beneficiary of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 600 shares, an increase of 20.0% from August 31st’s total of 500 shares. About 0.0% of the company’s shares are short sold. Based on an average trading volume of 10,900 shares, the days-to-cover ratio is currently 0.1 days.

RF acquisition stock performance

Shares of NASDAQ RFAC remained flat at $$11.24 during trading on Friday. The company’s fifty day moving average price is $11.18 and its 200 day moving average price is $11.05. RF Purchase has a 52-week low of $10.63 and a 52-week high of $11.28.

RF Acquisition (NASDAQ:RFAC – Get Free Report ) last announced its quarterly earnings results on Wednesday, June 26th. The company reported $0.01 earnings per share for the quarter.

Hedge funds influence the purchase of RF

Several institutional investors have recently made changes to their positions in the company. K2 Principal Fund LP purchased a new stake in RF Acquisition during the fourth quarter valued at $557,000. Clear Street LLC boosted its stake in RF Acquisition by 3,203.4% in the 4th quarter. Clear Street LLC now owns 54,837 shares of the company’s stock worth $588,000 after acquiring an additional 53,177 shares in the last quarter . Cowen AND Company LLC grew its position in shares of RF Acquisition by 2.4% during the 2nd quarter. Cowen AND Company LLC now owns 157,687 shares of the company’s stock valued at $1,742,000 after acquiring an additional 3,637 shares during the period. Finally, Berkley WR Corp increased its position in shares of RF Acquisition by 49.2% during the 4th quarter. Berkley WR Corp now owns 217,384 shares of the company’s stock valued at $2,333,000 after purchasing other 71,722 shares during the period. 36.55% of the shares are held by hedge funds and other institutional investors.

RF Procurement Company Profile

(Get a free report)

RF Acquisition Corp. has no significant operations. Intends to carry out a merger, stock exchange, asset purchase, stock purchase, reorganization or similar business combination with one or more businesses in the financial services, media, technology, retail, communications sectors interpersonal, transport and education.

Recommended articles

Receive daily RF purchase news and reviews – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for RF Acquisition and related companies with MarketBeat.com’s FREE daily email newsletter.