ExcelFin Acquisition Corp. (NASDAQ:XFIN) Short Interest Update

Posted by Oscar Bower on Apr 27th, 2024

ExcelFin Acquisition Corp. (NASDAQ:XFIN – Get Free Report) was the target of a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 600 shares, a decline of 86.4% from the March 31st total of 4,400 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 14,800 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On ExcelFin Acquisition

A number of institutional investors have recently made changes to their positions in the company. Cowen AND Company LLC bought a new position in ExcelFin Acquisition during the 3rd quarter worth $314,000. K2 Principal Fund L.P. bought a new position in ExcelFin Acquisition during the 4th quarter worth $551,000. Deutsche Bank AG bought a new position in ExcelFin Acquisition during the 3rd quarter worth $561,000. Warberg Asset Management LLC bought a new position in ExcelFin Acquisition during the 3rd quarter worth $773,000. Finally, Wolverine Asset Management LLC bought a new position in ExcelFin Acquisition during the 4th quarter worth $1,094,000. 19.78% of the stock is currently owned by institutional investors.

ExcelFin Acquisition Stock Performance

Shares of NASDAQ XFIN opened at $11.09 on Friday. ExcelFin Acquisition has a twelve month low of $10.24 and a twelve month high of $11.10. The business has a 50 day simple moving average of $10.92 and a 200-day simple moving average of $10.78.

ExcelFin Acquisition Company Profile

(Get Free Report)

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 Fort Mill, South Carolina.