share_log

Short Interest in ExcelFin Acquisition Corp. (NASDAQ:XFIN) Increases By 43.2%

Defense World ·  Sep 14, 2022 01:22

ExcelFin Acquisition Corp. (NASDAQ:XFIN – Get Rating) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totalling 11,600 shares, a growth of 43.2% from the August 15th total of 8,100 shares. Based on an average trading volume of 40,000 shares, the days-to-cover ratio is currently 0.3 days.

ExcelFin Acquisition Stock Performance

NASDAQ XFIN opened at $9.96 on Wednesday. ExcelFin Acquisition has a one year low of $9.67 and a one year high of $10.50. The stock has a 50-day moving average of $9.97 and a 200 day moving average of $9.95.

Get ExcelFin Acquisition alerts:

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Clear Street LLC purchased a new position in ExcelFin Acquisition in the 1st quarter worth approximately $54,000. Whitebox Advisors LLC purchased a new stake in shares of ExcelFin Acquisition during the 4th quarter worth $493,000. Rivernorth Capital Management LLC purchased a new stake in shares of ExcelFin Acquisition during the 1st quarter worth $496,000. Prelude Capital Management LLC purchased a new stake in shares of ExcelFin Acquisition during the 1st quarter worth $618,000. Finally, Fifth Lane Capital LP purchased a new stake in ExcelFin Acquisition in the fourth quarter valued at about $982,000. 63.94% of the stock is owned by hedge funds and other institutional investors.

ExcelFin Acquisition Company Profile

(Get Rating)

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.

Featured Stories

  • Get a free copy of the StockNews.com research report on ExcelFin Acquisition (XFIN)
  • Is Five Below Trying to Punch Too High?
  • These 3 Reports Will Tell Us Much About the Current Economy
  • This Is What To Expect From The S&P 500 Now
  • The Two Things You Need To Know About Oracle's FQ1 Report
  • Three Value Stocks For A Volatile Market

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.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment