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

Roth Ch Acquisition V Co. (NASDAQ:ROCL - Get Free Report)'s share price traded up 0.1% on Friday . The stock traded as high as $11.34 and last traded at $11.34. 10,927 shares were traded during 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 stock has a 50-day moving average price of $11.23 and a 200-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 the business. Warberg Asset Management LLC bought a new stake in shares of Roth Ch Acquisition V in the second quarter worth $493,000. SkyView Investment Advisors LLC acquired a new stake in shares of Roth Ch Acquisition V in the 1st quarter valued at about $1,473,000. Karpus Management Inc. bought a new position in shares of Roth Ch Acquisition V during the first quarter worth about $1,893,000. Finally, Cowen AND Company LLC grew its stake in Roth Ch Acquisition V by 317.1% in the second 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 in the last quarter. 21.90% of the stock is currently owned by hedge funds and other institutional investors.

About Roth Ch Acquisition V

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.