Arogo Capital Acquisition Corp. (NASDAQ:AOGO – Get Rating) was the target of a significant growth in short interest during the month of August. As of August 15th, there was short interest totalling 5,100 shares, a growth of 70.0% from the July 31st total of 3,000 shares. Based on an average trading volume of 9,400 shares, the short-interest ratio is presently 0.5 days.

Arogo Capital Acquisition Stock Performance

NASDAQ AOGO opened at $9.97 on Friday. The business has a 50-day moving average of $9.97. Arogo Capital Acquisition has a 12 month low of $9.80 and a 12 month high of $10.00.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in AOGO. MMCAP International Inc. SPC bought a new position in shares of Arogo Capital Acquisition in the first quarter worth about $3,976,000. Ayrton Capital LLC bought a new position in shares of Arogo Capital Acquisition in the first quarter worth about $1,243,000. Spring Creek Capital LLC bought a new position in shares of Arogo Capital Acquisition in the first quarter worth about $3,946,000. Berkley W R Corp bought a new position in shares of Arogo Capital Acquisition in the first quarter worth about $557,000. Finally, Goldman Sachs Group Inc. bought a new position in shares of Arogo Capital Acquisition in the first quarter worth about $3,495,000.

About Arogo Capital Acquisition

Arogo Capital Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to focus on electric vehicles technology, smart mobility or sustainable transportation, and related businesses.

Further Reading

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