Glazer Capital LLC Sells 97,932 Shares of RCF Acquisition Corp. (NYSE:RCFA)

Glazer Capital LLC reduced its holdings in shares of RCF Acquisition Corp. (NYSE:RCFA) by 34.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 189,844 shares of the company’s stock after selling 97,932 shares during the quarter. Glazer Capital LLC owned approximately 1.80% of RCF Acquisition worth $2,151,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Berkley W R Corp grew its position in RCF Acquisition by 3.0% in the first quarter. Berkley W R Corp now owns 497,514 shares of the company’s stock valued at $5,527,000 after purchasing an additional 14,355 shares in the last quarter. Cable Car Capital LLC acquired a new position in shares of RCF Acquisition during the 4th quarter worth about $2,196,000. Mizuho Securities USA LLC grew its holdings in shares of RCF Acquisition by 7.1% in the 1st quarter. Mizuho Securities USA LLC now owns 160,384 shares of the company’s stock valued at $1,764,000 after acquiring an additional 10,600 shares in the last quarter. Finally, Cowen AND Company LLC increased its position in shares of RCF Acquisition by 247.3% in the second quarter. Cowen AND Company LLC now owns 52,075 shares of the company’s stock valued at $590,000 after acquiring an additional 37,080 shares during the last quarter. 24.62% of the stock is currently owned by institutional investors and hedge funds.

RCF Acquisition Price Performance

Shares of NYSE RCFA opened at $11.46 on Tuesday. The stock has a 50 day moving average price of $11.41 and a 200 day moving average price of $11.30. RCF Acquisition Corp. has a 52 week low of $10.88 and a 52 week high of $11.85.

About RCF Acquisition

RCF Acquisition Corp. does not have significant operations. It focuses to target assets or businesses of scale across the critical minerals value chain that are poised to benefit over the long-term from the substantial market opportunity created by the global energy transition. The company was incorporated in 2021 and is based in Denver, Colorado.