RF Acquisition (NASDAQ:RFAC) Trading 0.1% Higher

RF Acquisition Corp. (NASDAQ:RFAC) shot up 0.1% on Thursday . The stock traded as high as $10.90 and last traded at $10.90. 200 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 14,606 shares. The stock had previously closed at $10.89.

RF Acquisition Price Performance

The firm has a fifty day simple moving average of $10.84 and a two-hundred day simple moving average of $10.75.

Institutional Trading of RF Acquisition

A number of institutional investors and hedge funds have recently modified their holdings of the business. First Trust Capital Management L.P. increased its holdings in shares of RF Acquisition by 20.2% in the 1st quarter. First Trust Capital Management L.P. now owns 781,180 shares of the company’s stock worth $8,038,000 after purchasing an additional 131,131 shares in the last quarter. Cubist Systematic Strategies LLC bought a new stake in shares of RF Acquisition in the second quarter worth $5,556,000. Wolverine Asset Management LLC grew its holdings in shares of RF Acquisition by 2.5% in the fourth quarter. Wolverine Asset Management LLC now owns 350,172 shares of the company’s stock worth $3,757,000 after acquiring an additional 8,645 shares during the period. Berkley W R Corp grew its holdings in shares of RF Acquisition by 49.2% in the fourth quarter. Berkley W R Corp now owns 217,384 shares of the company’s stock worth $2,333,000 after acquiring an additional 71,722 shares during the period. Finally, Shaolin Capital Management LLC grew its holdings in shares of RF Acquisition by 200.0% in the third quarter. Shaolin Capital Management LLC now owns 200,000 shares of the company’s stock worth $2,130,000 after acquiring an additional 400,000 shares during the period. Institutional investors own 36.55% of the company’s stock.

About RF Acquisition

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.