RF Acquisition Corp III (NASDAQ:RFAM – Get Free Report) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 596 shares, a drop of 72.8% from the June 15th total of 2,190 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 3,853 shares, the short-interest ratio is currently 0.2 days.
RF Acquisition Corp III Stock Performance
Shares of NASDAQ:RFAM traded up $0.03 during midday trading on Monday, reaching $9.95. 23,167 shares of the company traded hands, compared to its average volume of 16,075. RF Acquisition Corp III has a 12 month low of $9.77 and a 12 month high of $9.98. The business’s fifty day moving average price is $9.89.
Analysts Set New Price Targets
Separately, Weiss Ratings assumed coverage on shares of RF Acquisition Corp III in a research note on Friday, May 29th. They issued a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.
RF Acquisition Corp III Company Profile
RF Acquisition Corp III is a blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination.
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