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Roth Ch Acquisition V Co. (NASDAQ:ROCL) Sees Large Growth in Short Interest

kopsource ·  Sep 30, 2022 23:11

Roth Ch Acquisition V Co. (NASDAQ:ROCL – Get Rating) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totalling 200 shares, an increase of 100.0% from the August 31st total of 100 shares. Based on an average daily volume of 18,300 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors Weigh In On Roth Ch Acquisition V

Several institutional investors have recently added to or reduced their stakes in ROCL. Saba Capital Management L.P. purchased a new stake in Roth Ch Acquisition V during the 1st quarter valued at $9,241,000. Fir Tree Capital Management LP purchased a new stake in Roth Ch Acquisition V during the 1st quarter valued at $7,883,000. Polar Asset Management Partners Inc. purchased a new stake in Roth Ch Acquisition V during the 1st quarter valued at $5,916,000. Aristeia Capital LLC purchased a new stake in Roth Ch Acquisition V during the 1st quarter valued at $4,930,000. Finally, Berkley W R Corp purchased a new stake in Roth Ch Acquisition V during the 1st quarter valued at $2,232,000.

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Roth Ch Acquisition V Stock Performance

Shares of ROCL stock remained flat at $9.97 on Friday. 11,205 shares of the company traded hands, compared to its average volume of 14,010. The firm's 50 day moving average is $9.91 and its two-hundred day moving average is $9.89. Roth Ch Acquisition V has a 52 week low of $9.67 and a 52 week high of $10.64.

About Roth Ch Acquisition V

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Roth Ch Acquisition V Co 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 identify business opportunities in the field of business services, consumer, healthcare, technology, wellness, and sustainability sectors.

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