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

Wolverine Asset Management LLC lowered its position in RF Acquisition Corp. (NASDAQ:RFAC) by 2.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 235,033 shares of the company’s stock after selling 4,967 shares during the period. Wolverine Asset Management LLC owned 5.05% of RF Acquisition worth $2,696,000 at the end of the most recent reporting period.

RF Acquisition Stock Performance

NASDAQ:RFAC opened at $2.86 on Friday. The stock’s 50 day moving average price is $8.73 and its 200 day moving average price is $10.40. RF Acquisition Corp. has a 52 week low of $2.53 and a 52 week high of $15.55.

RF Acquisition Company Profile

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.