ROC Energy Acquisition Corp. (NASDAQ:ROCAR – Get Rating) was the recipient of a significant increase in short interest in November. As of November 30th, there was short interest totalling 52,300 shares, an increase of 2,173.9% from the November 15th total of 2,300 shares. Based on an average trading volume of 31,000 shares, the short-interest ratio is currently 1.7 days.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in ROCAR. Highbridge Capital Management LLC bought a new position in ROC Energy Acquisition during the first quarter worth about $314,000. Sculptor Capital LP bought a new stake in shares of ROC Energy Acquisition in the first quarter valued at about $135,000. Taconic Capital Advisors LP bought a new stake in shares of ROC Energy Acquisition in the first quarter valued at about $114,000. Saba Capital Management L.P. lifted its holdings in shares of ROC Energy Acquisition by 30.4% in the first quarter. Saba Capital Management L.P. now owns 1,232,957 shares of the company's stock valued at $238,000 after purchasing an additional 287,265 shares in the last quarter. Finally, Parkwood LLC bought a new stake in shares of ROC Energy Acquisition in the second quarter valued at about $263,000.
Get ROC Energy Acquisition alerts:ROC Energy Acquisition Trading Up 21.3 %
ROCAR stock opened at $0.09 on Wednesday. The business's 50-day moving average price is $0.07 and its two-hundred day moving average price is $0.10. ROC Energy Acquisition has a 1-year low of $0.03 and a 1-year high of $0.35.
Further Reading
- Get a free copy of the StockNews.com research report on ROC Energy Acquisition (ROCAR)
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