Short Interest in RF Acquisition Corp II (NASDAQ:RFAIU) Grows By 105,100.0%

RF Acquisition Corp II (NASDAQ:RFAIUGet Free Report) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 1,052 shares, an increase of 105,100.0% from the August 15th total of 1 shares. Based on an average trading volume of 451 shares, the days-to-cover ratio is presently 2.3 days.

RF Acquisition Corp II Price Performance

RFAIU stock remained flat at $47.01 during midday trading on Thursday. The stock’s fifty day moving average is $21.67 and its two-hundred day moving average is $14.69. RF Acquisition Corp II has a 52 week low of $10.99 and a 52 week high of $52.94.

Institutional Inflows and Outflows

An institutional investor recently raised its position in RF Acquisition Corp II stock. Clear Street Group Inc. grew its stake in RF Acquisition Corp II (NASDAQ:RFAIUFree Report) by 26.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 6,372 shares of the company’s stock after buying an additional 1,335 shares during the quarter. Clear Street Group Inc.’s holdings in RF Acquisition Corp II were worth $69,000 as of its most recent SEC filing.

About RF Acquisition Corp II

(Get Free Report)

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.

See Also

Receive News & Ratings for RF Acquisition Corp II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RF Acquisition Corp II and related companies with MarketBeat.com's FREE daily email newsletter.