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

ExcelFin Acquisition Corp. (NASDAQ:XFIN) was the target of a large drop in short interest in April. As of April 15th, there was short interest totalling 600 shares, a drop 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. Approximately 0.0% of the shares of the stock are short sold.

ExcelFin Acquisition Stock Performance

Shares of ExcelFin Acquisition stock opened at $11.09 on Friday. The business has a 50 day moving average price of $10.91 and a 200 day moving average price of $10.78. ExcelFin Acquisition has a 1 year low of $10.24 and a 1 year high of $11.10.

Institutional Trading of ExcelFin Acquisition

Several institutional investors and hedge funds have recently made changes to their positions in XFIN. K2 Principal Fund L.P. purchased a new position in shares of ExcelFin Acquisition during the fourth quarter valued at approximately $551,000. Mizuho Securities USA LLC grew its position in shares of ExcelFin Acquisition by 5.5% in the fourth quarter. Mizuho Securities USA LLC now owns 353,307 shares of the company’s stock valued at $3,763,000 after purchasing an additional 18,307 shares during the period. Cowen AND Company LLC increased its stake in ExcelFin Acquisition by 249.8% in the fourth 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. Wolverine Asset Management LLC purchased a new position in ExcelFin Acquisition during the fourth quarter worth about $1,094,000. Finally, Shaolin Capital Management LLC boosted 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 worth $2,503,000 after buying an additional 470,444 shares during the last quarter. 19.78% of the stock is currently owned by hedge funds and other institutional investors.

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.