RF Acquisition Corp II (NASDAQ:RFAIU) Sees Significant Growth in Short Interest

by · The Cerbat Gem

RF Acquisition Corp II (NASDAQ:RFAIU – Get Free Report) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 10,400 shares, a growth of 1,633.3% from the September 15th total of 600 shares. Based on an average daily volume of 15,400 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.1% of the shares of the company are sold short.

RF Acquisition Corp II Price Performance

Shares of RFAIU traded down $0.23 during midday trading on Thursday, hitting $10.17. 3,113 shares of the stock traded hands, compared to its average volume of 65,897. RF Acquisition Corp II has a 1-year low of $10.01 and a 1-year high of $10.40.

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