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

Westchester Capital Management LLC decreased its position in shares of RCF Acquisition Corp. (NYSE:RCFA) by 11.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 391,453 shares of the company’s stock after selling 48,404 shares during the quarter. Westchester Capital Management LLC owned 3.72% of RCF Acquisition worth $4,345,000 as of its most recent SEC filing.

Separately, Cowen AND Company LLC increased its holdings in 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 buying an additional 37,080 shares in the last quarter. 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 company’s 50-day simple moving average is $11.48 and its 200-day simple moving average is $11.41.

RCF Acquisition 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.