ExcelFin Acquisition (NASDAQ:XFIN) Stock Price Down 0.1%

ExcelFin Acquisition Corp. (NASDAQ:XFIN)’s share price traded down 0.1% during trading on Wednesday . The company traded as low as $11.03 and last traded at $11.05. 1,115 shares changed hands during trading, a decline of 93% from the average session volume of 16,499 shares. The stock had previously closed at $11.06.

ExcelFin Acquisition Trading Down 0.1 %

The stock has a fifty day moving average of $11.04 and a 200 day moving average of $10.91.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. K2 Principal Fund L.P. purchased a new stake in ExcelFin Acquisition in the 4th quarter worth approximately $551,000. Wolverine Asset Management LLC purchased a new position in ExcelFin Acquisition during the fourth quarter valued at $1,094,000. Cowen AND Company LLC increased its stake in shares of ExcelFin Acquisition by 249.8% during the fourth quarter. Cowen AND Company LLC now owns 103,188 shares of the company’s stock worth $1,105,000 after purchasing an additional 73,688 shares in the last quarter. Berkley W R Corp acquired a new position in shares of ExcelFin Acquisition during the 1st quarter worth about $1,801,000. Finally, Shaolin Capital Management LLC lifted its stake in ExcelFin Acquisition by 200.0% in the 3rd quarter. Shaolin Capital Management LLC now owns 235,221 shares of the company’s stock valued at $2,503,000 after buying an additional 470,444 shares in the last quarter. 19.78% of the stock is currently owned by institutional investors and hedge funds.

About ExcelFin Acquisition

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.