ExcelFin Acquisition Corp. (NASDAQ:XFIN – Get Rating) was the target of a significant decrease in short interest in the month of 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. Currently, 0.1% of the company's stock are sold short. Based on an average trading volume of 48,500 shares, the days-to-cover ratio is currently 0.3 days.

ExcelFin Acquisition Price Performance

ExcelFin Acquisition stock opened at $10.06 on Monday. ExcelFin Acquisition has a twelve month low of $9.67 and a twelve month high of $10.50. The stock's fifty day simple moving average is $10.01 and its 200-day simple moving average is $9.98.

Institutional Trading of ExcelFin Acquisition

A number of large investors have recently modified their holdings of the stock. Wolverine Asset Management LLC increased its position in shares of ExcelFin Acquisition by 38.3% during the third quarter. Wolverine Asset Management LLC now owns 49,697 shares of the company's stock worth $497,000 after acquiring an additional 13,774 shares during the period. Robinson Capital Management LLC purchased a new stake in shares of ExcelFin Acquisition during the third quarter worth $61,000. Virtu Financial LLC acquired a new position in shares of ExcelFin Acquisition during the third quarter worth $110,000. Landscape Capital Management L.L.C. acquired a new position in shares of ExcelFin Acquisition during the third quarter worth $208,000. Finally, Verition Fund Management LLC grew its stake in shares of ExcelFin Acquisition by 50.3% during the second quarter. Verition Fund Management LLC now owns 450,925 shares of the company's stock worth $4,512,000 after purchasing an additional 150,925 shares in the last quarter. Hedge funds and other institutional investors own 63.94% of the company's stock.

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.

See Also

• Get a free copy of the StockNews.com research report on ExcelFin Acquisition (XFIN)
• Walt Disney Stock is Set to Reset Expectations
• Solar Battery Maker Enphase Clears Buy Point: Can Rally Hold?
• S&P 500 Component DexCom Set For Further Price, Earnings Growth
• MarketBeat: Week in Review 11/7 – 11/11
• Oil Is a Compelling Reason The Sell-Off In Stocks Isn't Over

Receive News & Ratings for ExcelFin Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ExcelFin Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.