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.
Get ExcelFin Acquisition alerts: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
(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.
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