RF Acquisition Corp III (NASDAQ:RFAM – Get Free Report) saw a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 596 shares, a drop of 72.8% from the June 15th total of 2,190 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 3,853 shares, the days-to-cover ratio is currently 0.2 days.
RF Acquisition Corp III Stock Performance
Shares of NASDAQ:RFAM remained flat at $9.93 on Tuesday. 23,167 shares of the stock traded hands, compared to its average volume of 16,075. The stock’s 50-day simple moving average is $9.89. RF Acquisition Corp III has a 12-month low of $9.77 and a 12-month high of $9.98.
Analyst Ratings Changes
Separately, Weiss Ratings began coverage on RF Acquisition Corp III in a research report on Friday, May 29th. They set a “sell (e)” rating for the company. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.
RF Acquisition Corp III Company Profile
RF Acquisition Corp III is a blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination.
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