ExcelFin Acquisition Corp. (NASDAQ:XFIN – Get Rating) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 21,700 shares, a growth of 85.5% from the September 30th total of 11,700 shares. Based on an average daily trading volume, of 53,200 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the company's shares are sold short.

Hedge Funds Weigh In On ExcelFin Acquisition

Several institutional investors and hedge funds have recently made changes to their positions in XFIN. Sculptor Capital LP grew its holdings in shares of ExcelFin Acquisition by 100.0% in the 1st quarter. Sculptor Capital LP now owns 1,834,998 shares of the company's stock valued at $18,295,000 after buying an additional 917,496 shares during the period. Picton Mahoney Asset Management acquired a new position in shares of ExcelFin Acquisition in the 1st quarter valued at $4,986,000. Governors Lane LP acquired a new position in shares of ExcelFin Acquisition in the 1st quarter valued at $4,985,000. Aristeia Capital LLC acquired a new position in ExcelFin Acquisition in the 1st quarter worth $4,574,000. Finally, Goldman Sachs Group Inc. acquired a new position in ExcelFin Acquisition in the 1st quarter worth $4,387,000. Institutional investors and hedge funds own 63.94% of the company's stock.

ExcelFin Acquisition Price Performance

Shares of XFIN stock opened at $10.08 on Thursday. ExcelFin Acquisition has a 12-month low of $9.67 and a 12-month high of $10.50. The firm has a fifty day moving average of $9.99 and a 200-day moving average of $9.97.

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)
• 3 Roughed-Up Dividend Aristocrats with Good Long-Term Prospects
• Strong Fundamentals Make Bristol Myers Squibb Stock a Real Value
• Sell-Siders See Value in Highly Valued Chipotle Stock
• General Electric May be a Buy in the Right Portfolio
• Will Livestream Auctions be the Gamechanger for eBay?

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.