ExcelFin Acquisition Corp. (NASDAQ:XFIN) Short Interest Down 86.4% in April

ExcelFin Acquisition Corp. (NASDAQ:XFIN) saw a significant decline in short interest in 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. Based on an average daily volume of 14,800 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

ExcelFin Acquisition Stock Up 0.8 %

XFIN traded up $0.09 on Thursday, reaching $11.09. The stock had a trading volume of 1,179 shares, compared to its average volume of 7,161. ExcelFin Acquisition has a 12-month low of $10.24 and a 12-month high of $11.10. The business’s 50-day moving average price is $10.91 and its two-hundred day moving average price is $10.77.

Institutional Trading of ExcelFin Acquisition

A number of institutional investors and hedge funds have recently modified their holdings of XFIN. Shaolin Capital Management LLC increased its stake in shares of ExcelFin Acquisition by 200.0% during the third quarter. Shaolin Capital Management LLC now owns 235,221 shares of the company’s stock worth $2,503,000 after purchasing an additional 470,444 shares in the last quarter. Mizuho Securities USA LLC purchased a new stake in ExcelFin Acquisition during the 3rd quarter valued at about $3,564,000. Spartan Fund Management Inc. grew its stake in ExcelFin Acquisition by 344.9% during the 3rd quarter. Spartan Fund Management Inc. now owns 219,533 shares of the company’s stock valued at $2,336,000 after acquiring an additional 170,194 shares in the last quarter. Wolverine Asset Management LLC purchased a new stake in ExcelFin Acquisition during the 4th quarter valued at about $1,094,000. Finally, Cowen AND Company LLC boosted its holdings in ExcelFin Acquisition by 249.8% in the 4th quarter. Cowen AND Company LLC now owns 103,188 shares of the company’s stock valued at $1,105,000 after purchasing an additional 73,688 shares during the last quarter. Hedge funds and other institutional investors own 19.78% of the company’s stock.

ExcelFin Acquisition Company Profile

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.