Arogo Capital Acquisition Corp. (NASDAQ:AOGO – Get Rating) saw a large decrease in short interest in the month of January. As of January 31st, there was short interest totalling 1,000 shares, a decrease of 56.5% from the January 15th total of 2,300 shares. Based on an average trading volume of 27,700 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.
Hedge Funds Weigh In On Arogo Capital Acquisition
Hedge funds have recently modified their holdings of the company. Clear Street LLC acquired a new stake in shares of Arogo Capital Acquisition in the second quarter valued at $39,000. Flow Traders U.S. LLC bought a new stake in shares of Arogo Capital Acquisition in the 3rd quarter worth approximately $118,000. RPO LLC acquired a new stake in Arogo Capital Acquisition during the second quarter valued at approximately $160,000. Elequin Securities LLC bought a new stake in Arogo Capital Acquisition during the fourth quarter worth approximately $181,000. Finally, Robinson Capital Management LLC acquired a new position in Arogo Capital Acquisition in the second quarter worth approximately $249,000. 64.33% of the stock is currently owned by institutional investors and hedge funds.
Get Arogo Capital Acquisition alerts:Arogo Capital Acquisition Stock Performance
Arogo Capital Acquisition has a 12 month low of $9.80 and a 12 month high of $10.22. The company's 50 day moving average is $10.14 and its 200 day moving average is $10.03.
Arogo Capital Acquisition Company Profile
(Get Rating)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.
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