CF Acquisition Corp. VII (NASDAQ:CFFS – Get Free Report) was the recipient of a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 1,300 shares, a decline of 18.8% from the October 15th total of 1,600 shares. Based on an average daily volume of 28,200 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.
CF Acquisition Corp. VII Price Performance
CFFS stock remained flat at $11.16 during trading on Friday. 90 shares of the company traded hands, compared to its average volume of 64,196. The firm has a 50-day moving average of $11.11 and a 200 day moving average of $11.02. CF Acquisition Corp. VII has a 52 week low of $9.73 and a 52 week high of $11.64.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in CFFS. Wolverine Asset Management LLC acquired a new position in shares of CF Acquisition Corp. VII during the second quarter valued at about $38,000. Cowen AND Company LLC purchased a new stake in shares of CF Acquisition Corp. VII during the second quarter valued at $242,000. ATW Spac Management LLC purchased a new stake in shares of CF Acquisition Corp. VII during the third quarter valued at $300,000. Quarry LP acquired a new position in shares of CF Acquisition Corp. VII in the 3rd quarter valued at $1,778,000. Finally, K2 Principal Fund L.P. acquired a new stake in CF Acquisition Corp. VII during the 3rd quarter worth about $2,884,000. 75.96% of the stock is owned by institutional investors and hedge funds.
About CF Acquisition Corp. VII
CF Acquisition Corp. VII does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire companies in the financial services, healthcare, real estate services, technology, and software industries.
Read More
- Five stocks we like better than CF Acquisition Corp. VII
- Utilities Stocks Explained – How and Why to Invest in Utilities
- ORIC: Working with Two Pharma Giants, Analysts See +100% Upside
- How Investors Can Find the Best Cheap Dividend Stocks
- Freeport-McMoRan, Copper Demand Short-Term Pain, Long-Term Gain
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- Time to Load Up on Home Builders?
Receive News & Ratings for CF Acquisition Corp. VII Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CF Acquisition Corp. VII and related companies with MarketBeat.com's FREE daily email newsletter.
