CF Acquisition Corp. VII (NASDAQ:CFFS) Sees Large Decline in Short Interest

CF Acquisition Corp. VII (NASDAQ:CFFS) saw a significant drop in short interest during the month of September. As of September 30th, there was short interest totalling 1,200 shares, a drop of 14.3% from the September 15th total of 1,400 shares. Based on an average daily trading volume, of 14,900 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

CF Acquisition Corp. VII Price Performance

NASDAQ:CFFS traded down $0.03 during mid-day trading on Wednesday, reaching $11.10. The company’s stock had a trading volume of 212 shares, compared to its average volume of 49,099. The firm’s fifty day moving average price is $11.07 and its two-hundred day moving average price is $10.98. CF Acquisition Corp. VII has a 12-month low of $9.73 and a 12-month high of $11.64.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in CF Acquisition Corp. VII stock. Wolverine Asset Management LLC acquired a new position in CF Acquisition Corp. VII (NASDAQ:CFFS) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 3,491 shares of the company’s stock, valued at approximately $38,000. 75.96% of the stock is owned by hedge funds and other institutional investors.

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.