RF Acquisition Corp II (NASDAQ:RFAI) Short Interest Update

RF Acquisition Corp II (NASDAQ:RFAI) was the recipient of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 647 shares, an increase of 588.3% from the June 15th total of 94 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 1,216 shares, the short-interest ratio is currently 0.5 days.

Institutional Trading of RF Acquisition Corp II

Several hedge funds have recently modified their holdings of RFAI. Berkley W R Corp grew its position in shares of RF Acquisition Corp II by 24.2% in the 3rd quarter. Berkley W R Corp now owns 937,845 shares of the company’s stock worth $10,072,000 after buying an additional 183,030 shares during the last quarter. Shaolin Capital Management LLC bought a new position in shares of RF Acquisition Corp II during the 3rd quarter worth approximately $940,000. Radcliffe Capital Management L.P. purchased a new stake in RF Acquisition Corp II during the third quarter valued at approximately $323,000. Susquehanna International Group LLP purchased a new stake in RF Acquisition Corp II during the third quarter valued at approximately $132,000. Finally, Clear Street Group Inc. boosted its stake in RF Acquisition Corp II by 4,466.7% in the fourth quarter. Clear Street Group Inc. now owns 9,179 shares of the company’s stock valued at $99,000 after acquiring an additional 8,978 shares in the last quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of RF Acquisition Corp II in a research note on Wednesday, May 13th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

RF Acquisition Corp II Trading Up 0.1%

Shares of NASDAQ RFAI traded up $0.01 during mid-day trading on Monday, reaching $11.05. 1,010 shares of the company were exchanged, compared to its average volume of 767. RF Acquisition Corp II has a 1 year low of $10.54 and a 1 year high of $11.44. The firm has a 50-day moving average of $11.00 and a 200 day moving average of $10.92.

About RF Acquisition Corp II

RF Acquisition Corp. II operates as a blank check company. It 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. The company was founded on February 5, 2024, and is headquartered in Singapore.