RF Acquisition (NASDAQ:RFAC) Trading 0.1% Higher

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

RF Acquisition Stock Performance

The firm has a 50-day moving average of $10.84 and a two-hundred day moving average of $10.75.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Warberg Asset Management LLC raised its stake in shares of RF Acquisition by 5.9% in the third quarter. Warberg Asset Management LLC now owns 18,006 shares of the company’s stock worth $192,000 after buying an additional 1,005 shares during the period. Centiva Capital LP bought a new position in shares of RF Acquisition in the second quarter worth about $274,000. Millennium Management LLC bought a new position in shares of RF Acquisition in the second quarter worth about $296,000. K2 Principal Fund L.P. bought a new position in shares of RF Acquisition in the fourth quarter worth about $557,000. Finally, Clear Street LLC raised its stake in shares of RF Acquisition by 3,203.4% in the fourth quarter. Clear Street LLC now owns 54,837 shares of the company’s stock worth $588,000 after buying an additional 53,177 shares during the period. Institutional investors own 36.55% of the company’s stock.

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.