Arogo Capital Acquisition Corp. (NASDAQ:AOGO – Get Rating) was the target of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 1,100 shares, a decline of 15.4% from the February 13th total of 1,300 shares. Based on an average daily trading volume, of 27,900 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company's stock are sold short.

Arogo Capital Acquisition Stock Up 0.2 %

Shares of Arogo Capital Acquisition stock opened at $10.29 on Monday. Arogo Capital Acquisition has a 52-week low of $9.87 and a 52-week high of $10.35. The company has a 50-day simple moving average of $10.22 and a two-hundred day simple moving average of $10.07.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of AOGO. Flow Traders U.S. LLC purchased a new position in shares of Arogo Capital Acquisition during the third quarter valued at approximately $118,000. RPO LLC purchased a new position in shares of Arogo Capital Acquisition during the second quarter valued at approximately $160,000. Elequin Securities LLC purchased a new position in shares of Arogo Capital Acquisition during the fourth quarter valued at approximately $181,000. Ergoteles LLC purchased a new position in shares of Arogo Capital Acquisition during the third quarter valued at approximately $311,000. Finally, JPMorgan Chase & Co. purchased a new position in shares of Arogo Capital Acquisition during the second quarter valued at approximately $498,000. 64.33% of the stock is owned by hedge funds and other institutional investors.

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.

Further Reading

• Get a free copy of the StockNews.com research report on Arogo Capital Acquisition (AOGO)
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