RF Acquisition Corp II (NASDAQ:RFAIU – Get Free Report) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totaling 3,714 shares, an increase of 280.1% from the September 15th total of 977 shares. Based on an average daily volume of 3,882 shares, the short-interest ratio is presently 1.0 days.
RF Acquisition Corp II Trading Up 0.1%
NASDAQ:RFAIU traded up $0.03 during mid-day trading on Friday, hitting $43.12. The company had a trading volume of 776 shares, compared to its average volume of 4,627. RF Acquisition Corp II has a 1 year low of $10.99 and a 1 year high of $55.00. The business has a fifty day simple moving average of $35.39 and a 200-day simple moving average of $19.50.
About RF Acquisition Corp II
RF Acquisition Corp. II is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more private companies. Its potential transaction could take the form of a merger, share exchange, asset acquisition, or similar business combination.
As a blank-check company, RF Acquisition Corp. II does not operate a commercial business or offer products and services of its own. Its activities are primarily focused on raising capital through its securities offering, evaluating potential acquisition targets, and pursuing an initial business combination.
The company’s units trade under the symbol RFAIU on the Nasdaq Stock Market.
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