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Short Interest in RF Acquisition Corp. (NASDAQ:RFAC) Drops By 50.0%

RF Acquisition logo with Unclassified background

RF Acquisition Corp. (NASDAQ:RFAC - Get Free Report) was the target of a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 200 shares, a decline of 50.0% from the December 15th total of 400 shares. Based on an average daily trading volume, of 1,800 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company's stock are short sold.

RF Acquisition Stock Performance

Shares of NASDAQ RFAC remained flat at $11.36 during trading on Tuesday. The stock had a trading volume of 8 shares, compared to its average volume of 21,062. RF Acquisition has a 52-week low of $10.74 and a 52-week high of $11.47. The business's 50-day moving average is $11.44 and its 200-day moving average is $11.27.

About RF Acquisition

(Get Free Report)

RF Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in financial services, media, technology, retail, interpersonal communication, transportation, and education sectors.

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