Roth Ch Acquisition V (NASDAQ:ROCL) Shares Up 0.1% - Should You Buy?

Roth Ch Acquisition V Co. (NASDAQ:ROCL - Get Free Report) shares shot up 0.1% during trading on Friday . The company traded as high as $11.34 and last traded at $11.34. 10,927 shares were traded during mid-day trading, an increase of 8% from the average session volume of 10,145 shares. The stock had previously closed at $11.33.

Roth Ch Acquisition V Stock Performance

The firm has a 50-day moving average price of $11.23 and a two-hundred day moving average price of $11.10.

Institutional Investors Weigh In On Roth Ch Acquisition V

Several hedge funds and other institutional investors have recently bought and sold shares of ROCL. Warberg Asset Management LLC acquired a new position in Roth Ch Acquisition V during the second quarter worth approximately $493,000. SkyView Investment Advisors LLC acquired a new stake in Roth Ch Acquisition V during the 1st quarter worth $1,473,000. Karpus Management Inc. acquired a new stake in Roth Ch Acquisition V during the 1st quarter worth $1,893,000. Finally, Cowen AND Company LLC grew its position in Roth Ch Acquisition V by 317.1% during the 2nd quarter. Cowen AND Company LLC now owns 235,000 shares of the company's stock worth $2,571,000 after purchasing an additional 178,653 shares during the last quarter. 21.90% of the stock is currently owned by institutional investors and hedge funds.

Roth Ch Acquisition V Company Profile

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 other business combination with one or more businesses. It intends to acquire businesses in the business services, consumer, healthcare, technology, wellness, and sustainability sectors.