RF Acquisition Corp II (NASDAQ:RFAIU – Get Free Report) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 256 shares, a drop of 93.1% from the September 30th total of 3,714 shares. Based on an average daily trading volume, of 10,048 shares, the short-interest ratio is currently 0.0 days.
RF Acquisition Corp II Price Performance
Shares of RFAIU stock traded up $17.52 on Monday, hitting $45.12. The stock had a trading volume of 26,224 shares, compared to its average volume of 6,208. RF Acquisition Corp II has a 1 year low of $10.99 and a 1 year high of $55.00. The company’s 50 day moving average price is $40.20 and its 200-day moving average price is $18.24.
About RF Acquisition Corp II
RF Acquisition Corp II is a special purpose acquisition company (SPAC) formed to pursue a business combination, such as a merger, acquisition, or similar transaction, with one or more operating businesses.
As a blank-check company, RF Acquisition Corp II does not have an established operating business, products, or services of its own. Its principal activities are identifying and evaluating potential target companies and completing an initial business combination.
Publicly available information about the company’s specific investment focus, geographic coverage, and leadership is limited.
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