Shaolin Capital Management LLC Acquires 175,000 Shares of Rosecliff Acquisition Corp I (OTCMKTS:RCLFU)

Shaolin Capital Management LLC boosted its holdings in Rosecliff Acquisition Corp I (OTCMKTS:RCLFU) by 34.1% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 687,799 shares of the company’s stock after purchasing an additional 175,000 shares during the period. Shaolin Capital Management LLC’s holdings in Rosecliff Acquisition Corp I were worth $6,892,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of RCLFU. Royal Bank of Canada bought a new position in Rosecliff Acquisition Corp I in the 1st quarter worth approximately $27,000. UBS Group AG bought a new position in Rosecliff Acquisition Corp I in the 1st quarter worth approximately $47,000. SSI Investment Management LLC bought a new position in Rosecliff Acquisition Corp I in the 1st quarter worth approximately $99,000. Warberg Asset Management LLC bought a new position in Rosecliff Acquisition Corp I in the 1st quarter worth approximately $159,000. Finally, Alpine Global Management LLC bought a new position in Rosecliff Acquisition Corp I in the 1st quarter worth approximately $173,000.

OTCMKTS RCLFU traded down $0.06 during trading on Thursday, hitting $9.94. The company’s stock had a trading volume of 19,288 shares, compared to its average volume of 93,720. The firm has a 50 day moving average price of $9.90 and a 200 day moving average price of $9.93. Rosecliff Acquisition Corp I has a 52 week low of $9.80 and a 52 week high of $10.88.

About Rosecliff Acquisition Corp I

Rosecliff Acquisition Corp I, a blank check company, focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization/similar business combination with one or more businesses. The company was incoporated in 2020 and is based in New York, New York.

Further Reading: 52-week highs

Want to see what other hedge funds are holding RCLFU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Rosecliff Acquisition Corp I (OTCMKTS:RCLFU).

Institutional Ownership by Quarter for Rosecliff Acquisition Corp I (OTCMKTS:RCLFU)

Receive News & Ratings for Rosecliff Acquisition Corp I Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rosecliff Acquisition Corp I and related companies with MarketBeat.com's FREE daily email newsletter.