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Schechter Investment Advisors LLC Sells 34,700 Shares of RF Acquisition Corp II (NASDAQ:RFAI)

RF Acquisition Corp II logo with Financial Services background

Schechter Investment Advisors LLC decreased its position in shares of RF Acquisition Corp II (NASDAQ:RFAI - Free Report) by 4.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 686,738 shares of the company's stock after selling 34,700 shares during the period. Schechter Investment Advisors LLC owned about 4.57% of RF Acquisition Corp II worth $7,125,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. Toronto Dominion Bank bought a new stake in shares of RF Acquisition Corp II during the fourth quarter valued at approximately $3,050,000. Tidal Investments LLC bought a new stake in shares of RF Acquisition Corp II during the fourth quarter valued at approximately $131,000. D. E. Shaw & Co. Inc. grew its stake in shares of RF Acquisition Corp II by 18.6% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 541,134 shares of the company's stock valued at $5,530,000 after purchasing an additional 85,000 shares during the last quarter. Bulldog Investors LLP grew its stake in shares of RF Acquisition Corp II by 305.9% during the fourth quarter. Bulldog Investors LLP now owns 239,878 shares of the company's stock valued at $2,452,000 after purchasing an additional 180,782 shares during the last quarter. Finally, Cantor Fitzgerald L. P. bought a new stake in shares of RF Acquisition Corp II during the fourth quarter valued at approximately $268,000.

RF Acquisition Corp II Price Performance

Shares of RFAI traded up $0.02 during mid-day trading on Friday, hitting $10.56. 3,716 shares of the company traded hands, compared to its average volume of 36,866. RF Acquisition Corp II has a one year low of $10.05 and a one year high of $10.56. The business has a 50-day moving average of $10.52 and a 200 day moving average of $10.40.

RF Acquisition Corp II Company Profile

(Free Report)

RF Acquisition Corp. II operates as a blank check company. It was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company was founded on February 5, 2024, and is headquartered in Singapore.

Further Reading

Institutional Ownership by Quarter for RF Acquisition Corp II (NASDAQ:RFAI)

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