ExcelFin Acquisition Corp. (NASDAQ:XFIN – Get Rating) saw a large decrease in short interest in October. As of October 31st, there was short interest totalling 16,000 shares, a decrease of 26.3% from the October 15th total of 21,700 shares. Based on an average daily volume of 48,500 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Trading of ExcelFin Acquisition

Large investors have recently modified their holdings of the stock. Clear Street LLC acquired a new stake in ExcelFin Acquisition in the first quarter valued at about $54,000. Robinson Capital Management LLC acquired a new stake in ExcelFin Acquisition in the third quarter valued at about $61,000. Virtu Financial LLC acquired a new stake in ExcelFin Acquisition in the third quarter valued at about $110,000. Landscape Capital Management L.L.C. acquired a new stake in ExcelFin Acquisition in the third quarter valued at about $208,000. Finally, Wolverine Asset Management LLC boosted its stake in ExcelFin Acquisition by 38.3% in the third quarter. Wolverine Asset Management LLC now owns 49,697 shares of the company's stock valued at $497,000 after buying an additional 13,774 shares in the last quarter. 63.94% of the stock is owned by institutional investors and hedge funds.

ExcelFin Acquisition Price Performance

XFIN opened at $10.06 on Friday. ExcelFin Acquisition has a 52-week low of $9.67 and a 52-week high of $10.50. The business's fifty day moving average is $10.01 and its 200-day moving average is $9.98.

ExcelFin Acquisition Company Profile

ExcelFin Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in San Francisco, California.

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