Shares of RF Acquisition Corp II (NASDAQ:RFAI - Get Free Report) rose 0.2% on Monday . The company traded as high as $10.40 and last traded at $10.43. Approximately 4 shares changed hands during mid-day trading, a decline of 100% from the average daily volume of 59,520 shares. The stock had previously closed at $10.40.
RF Acquisition Corp II Price Performance
The company's 50-day moving average is $10.37 and its two-hundred day moving average is $10.26.
Institutional Trading of RF Acquisition Corp II
Hedge funds have recently added to or reduced their stakes in the business. Wolverine Asset Management LLC raised its stake in shares of RF Acquisition Corp II by 13,468.1% during the fourth quarter. Wolverine Asset Management LLC now owns 592,790 shares of the company's stock valued at $6,058,000 after purchasing an additional 588,421 shares in the last quarter. Rivernorth Capital Management LLC acquired a new stake in shares of RF Acquisition Corp II in the 3rd quarter worth approximately $1,017,000. Robinson Capital Management LLC bought a new position in shares of RF Acquisition Corp II in the fourth quarter valued at approximately $338,000. Virtu Financial LLC bought a new stake in RF Acquisition Corp II during the fourth quarter worth approximately $285,000. Finally, Citadel Advisors LLC acquired a new stake in RF Acquisition Corp II in the fourth quarter worth approximately $115,000.
About RF Acquisition Corp II
(
Get 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.
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