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

RF Acquisition Corp III (NASDAQ:RFAM) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 1,061 shares, an increase of 49.9% from the July 15th total of 708 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 1,366 shares, the short-interest ratio is presently 0.8 days.

Analyst Upgrades and Downgrades

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

RF Acquisition Corp III Price Performance

Shares of RF Acquisition Corp III stock traded up $0.03 during trading hours on Wednesday, hitting $10.03. The company’s stock had a trading volume of 1,981 shares, compared to its average volume of 14,993. The stock has a 50 day simple moving average of $9.92. RF Acquisition Corp III has a 12 month low of $9.77 and a 12 month high of $10.00.

RF Acquisition Corp III Company Profile

RF Acquisition Corp III is a blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination.