RF Acquisition Corp II (NASDAQ:RFAIU – Get Free Report) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 3,714 shares, a growth of 280.1% from the September 15th total of 977 shares. Based on an average trading volume of 3,882 shares, the short-interest ratio is presently 1.0 days.
RF Acquisition Corp II Price Performance
Shares of RFAIU opened at $44.61 on Tuesday. RF Acquisition Corp II has a one year low of $10.99 and a one year high of $55.00. The business’s 50 day simple moving average is $36.06 and its 200-day simple moving average is $19.79.
RF Acquisition Corp II Company Profile
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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