Wolverine Asset Management LLC Has $2.70 Million Position in RF Acquisition Corp. (NASDAQ:RFAC)

Wolverine Asset Management LLC lowered its stake in shares of RF Acquisition Corp. (NASDAQ:RFACFree Report) by 2.1% in the fourth quarter, Holdings Channel reports. The firm owned 235,033 shares of the company’s stock after selling 4,967 shares during the period. Wolverine Asset Management LLC owned about 0.05% of RF Acquisition worth $2,696,000 as of its most recent filing with the Securities & Exchange Commission.

RF Acquisition Stock Down 66.8 %

Shares of RF Acquisition stock opened at $2.86 on Friday. The stock has a 50 day moving average price of $8.73 and a two-hundred day moving average price of $10.40. RF Acquisition Corp. has a 12-month low of $2.53 and a 12-month high of $15.55.

RF Acquisition Profile

(Free Report)

RF Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in financial services, media, technology, retail, interpersonal communication, transportation, and education sectors.

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Want to see what other hedge funds are holding RFAC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for RF Acquisition Corp. (NASDAQ:RFACFree Report).

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