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RCF Acquisition Corp. (NYSE:RCFA) Sees Large Growth in Short Interest

Defense World ·  Feb 12, 2023 04:21

RCF Acquisition Corp. (NYSE:RCFA – Get Rating) was the target of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 5,300 shares, an increase of 43.2% from the January 15th total of 3,700 shares. Based on an average daily trading volume, of 85,000 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

RCF Acquisition Stock Performance

Shares of RCFA stock opened at $10.37 on Friday. RCF Acquisition has a 12-month low of $9.86 and a 12-month high of $10.60. The firm has a 50 day moving average price of $10.29 and a two-hundred day moving average price of $10.15.

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Institutional Trading of RCF Acquisition

A hedge fund recently bought a new stake in RCF Acquisition stock. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of RCF Acquisition Corp. (NYSE:RCFA – Get Rating) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 44,700 shares of the company's stock, valued at approximately $444,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned 0.19% of RCF Acquisition at the end of the most recent reporting period. Institutional investors and hedge funds own 81.98% of the company's stock.

RCF Acquisition Company Profile

(Get Rating)

RCF Acquisition Corp. does not have significant operations. The company focuses to target assets or businesses of scale across the critical minerals value chain that are poised to benefit over the long-term from the substantial market opportunity created by the global energy transition. RCF Acquisition Corp.

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