RF Acquisition Corp II (NASDAQ:RFAIU – Get Free Report) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totaling 1 shares, a growth of ∞ from the May 31st total of 0 shares. Based on an average daily volume of 2,025 shares, the short-interest ratio is currently 0.0 days.
RF Acquisition Corp II Price Performance
Shares of RF Acquisition Corp II stock opened at $11.08 on Wednesday. RF Acquisition Corp II has a twelve month low of $10.99 and a twelve month high of $13.50. The firm’s 50-day moving average price is $10.93 and its 200 day moving average price is $10.87.
Hedge Funds Weigh In On RF Acquisition Corp II
An institutional investor recently bought a new position in RF Acquisition Corp II stock. Clear Street Group Inc. purchased a new position in RF Acquisition Corp II (NASDAQ:RFAIU – Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 5,037 shares of the company’s stock, valued at approximately $54,000.
About RF Acquisition Corp II
RF Acquisition Corp II, incorporated in Delaware in 2021, is a special purpose acquisition company (SPAC) listed on the Nasdaq under the ticker RFAIU. The company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. As a blank check vehicle, it raises capital through an initial public offering and holds the net proceeds in a trust account until a suitable transaction is identified.
RF Acquisition Corp II does not engage in any commercial operations of its own and has not generated revenues independent of its SPAC structure.
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