Periscope Capital Inc. decreased its stake in shares of RF Acquisition Corp II (NASDAQ:RFAI - Free Report) by 12.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 175,000 shares of the company's stock after selling 25,000 shares during the period. Periscope Capital Inc. owned about 1.17% of RF Acquisition Corp II worth $1,788,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in RFAI. Robinson Capital Management LLC bought a new position in shares of RF Acquisition Corp II during the 4th quarter valued at $338,000. Crossingbridge Advisors LLC purchased a new stake in RF Acquisition Corp II during the third quarter valued at $509,000. Berkley W R Corp bought a new position in RF Acquisition Corp II in the third quarter valued at about $756,000. Rivernorth Capital Management LLC purchased a new position in RF Acquisition Corp II in the third quarter worth about $849,000. Finally, Polar Asset Management Partners Inc. bought a new stake in shares of RF Acquisition Corp II during the 3rd quarter valued at about $2,288,000.
RF Acquisition Corp II Price Performance
Shares of NASDAQ RFAI traded down $0.03 during midday trading on Friday, hitting $10.37. 1,419 shares of the company's stock traded hands, compared to its average volume of 62,556. The firm has a fifty day moving average of $10.30 and a 200 day moving average of $10.21. RF Acquisition Corp II has a 1 year low of $10.00 and a 1 year high of $10.40.
About RF Acquisition Corp II
(
Free Report)
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.
See Also
Before you consider RF Acquisition Corp II, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and RF Acquisition Corp II wasn't on the list.
While RF Acquisition Corp II currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
