RF Acquisition Corp III (NASDAQ:RFAM) Short Interest Update

RF Acquisition Corp III (NASDAQ:RFAM) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totaling 1,316 shares, a growth of 60.5% from the August 31st total of 820 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 16,211 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On RF Acquisition Corp III

A hedge fund recently bought a new stake in RF Acquisition Corp III stock. Harraden Circle Investments LLC bought a new stake in shares of RF Acquisition Corp III (NASDAQ:RFAM) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 180,750 shares of the company’s stock, valued at approximately $1,789,000. Harraden Circle Investments LLC owned 1.30% of RF Acquisition Corp III at the end of the most recent reporting period.

RF Acquisition Corp III Stock Up 0.1%

NASDAQ RFAM traded up $0.01 on Friday, reaching $9.99. The stock had a trading volume of 8,245 shares, compared to its average volume of 19,228. The company’s fifty day moving average price is $9.96. RF Acquisition Corp III has a 12-month low of $9.77 and a 12-month high of $10.02.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded RF Acquisition Corp III from a “sell (e)” rating to a “sell (e+)” rating in a research report on Monday, August 3rd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

About RF Acquisition Corp III