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

ExcelFin Acquisition Corp. (NASDAQ:XFIN) was the recipient of a large drop in short interest in the month of 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 trading volume of 14,800 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

ExcelFin Acquisition Price Performance

ExcelFin Acquisition stock opened at $11.09 on Friday. The company’s fifty day moving average price is $10.92 and its 200 day moving average price is $10.78. ExcelFin Acquisition has a 1 year low of $10.24 and a 1 year high of $11.10.

Institutional Investors Weigh In On ExcelFin Acquisition

Institutional investors have recently added to or reduced their stakes in the stock. Mizuho Securities USA LLC boosted its stake in ExcelFin Acquisition by 5.5% during the 4th quarter. Mizuho Securities USA LLC now owns 353,307 shares of the company’s stock worth $3,763,000 after purchasing an additional 18,307 shares during the last quarter. Cowen AND Company LLC acquired a new stake in ExcelFin Acquisition during the 3rd quarter worth $314,000. Westchester Capital Management LLC boosted its stake in ExcelFin Acquisition by 33.1% during the 3rd quarter. Westchester Capital Management LLC now owns 201,000 shares of the company’s stock worth $2,139,000 after purchasing an additional 50,000 shares during the last quarter. K2 Principal Fund L.P. acquired a new stake in ExcelFin Acquisition during the 4th quarter worth $551,000. Finally, Deutsche Bank AG acquired a new stake in ExcelFin Acquisition during the 3rd quarter worth $561,000. Institutional investors and hedge funds 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.