Berkley W R Corp Sells 68,226 Shares of RF Acquisition Corp. (NASDAQ:RFAC)

Berkley W R Corp reduced its holdings in RF Acquisition Corp. (NASDAQ:RFAC - Free Report) by 31.4% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 149,257 shares of the company's stock after selling 68,226 shares during the quarter. Berkley W R Corp owned approximately 2.56% of RF Acquisition worth $1,672,000 as of its most recent SEC filing.

Separately, Cowen AND Company LLC increased its holdings in RF Acquisition by 2.4% in the second quarter. Cowen AND Company LLC now owns 157,687 shares of the company's stock valued at $1,742,000 after purchasing an additional 3,637 shares during the period. 36.55% of the stock is currently owned by institutional investors and hedge funds.

RF Acquisition Price Performance

NASDAQ:RFAC remained flat at $11.46 during trading hours on Friday. The company had a trading volume of 100 shares, compared to its average volume of 567. RF Acquisition Corp. has a twelve month low of $10.68 and a twelve month high of $11.46. The business's 50 day moving average is $11.32 and its two-hundred day moving average is $11.19.

RF Acquisition Company Profile

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.