RCF Acquisition Corp. (NYSE:RCFA) Shares Sold by Westchester Capital Management LLC

Westchester Capital Management LLC reduced its stake in RCF Acquisition Corp. (NYSE:RCFA) by 11.0% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 391,453 shares of the company’s stock after selling 48,404 shares during the period. Westchester Capital Management LLC’s holdings in RCF Acquisition were worth $4,345,000 at the end of the most recent quarter.

Separately, Cowen AND Company LLC grew its position in RCF Acquisition by 247.3% in the second quarter. Cowen AND Company LLC now owns 52,075 shares of the company’s stock worth $590,000 after acquiring an additional 37,080 shares during the period. Institutional investors and hedge funds own 24.62% of the company’s stock.

RCF Acquisition Price Performance

RCFA stock opened at $11.45 on Friday. RCF Acquisition Corp. has a 52-week low of $10.94 and a 52-week high of $11.85. The business has a fifty day moving average of $11.48 and a two-hundred day moving average of $11.41.

RCF Acquisition Company Profile

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.