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Roth Ch Acquisition V (NASDAQ:ROCL) Shares Down 0.2% - Time to Sell?

Roth Ch Acquisition V logo with Unclassified background

Roth Ch Acquisition V Co. (NASDAQ:ROCL - Get Free Report) fell 0.2% on Thursday . The company traded as low as $11.22 and last traded at $11.22. 550 shares were traded during trading, a decline of 95% from the average session volume of 10,863 shares. The stock had previously closed at $11.24.

Roth Ch Acquisition V Stock Performance

The firm's fifty day moving average price is $11.22 and its 200-day moving average price is $11.06.

Institutional Trading of Roth Ch Acquisition V

Hedge funds have recently made changes to their positions in the company. Cowen AND Company LLC raised its holdings in Roth Ch Acquisition V by 317.1% in the 2nd quarter. Cowen AND Company LLC now owns 235,000 shares of the company's stock valued at $2,571,000 after buying an additional 178,653 shares during the last quarter. Karpus Management Inc. bought a new position in shares of Roth Ch Acquisition V during the first quarter valued at $1,893,000. SkyView Investment Advisors LLC bought a new position in shares of Roth Ch Acquisition V during the first quarter valued at $1,473,000. Warberg Asset Management LLC acquired a new position in shares of Roth Ch Acquisition V during the second quarter worth $493,000. Finally, Tuttle Capital Management LLC bought a new stake in shares of Roth Ch Acquisition V in the first quarter worth $328,000. 21.90% of the stock is owned by institutional investors and hedge funds.

About Roth Ch Acquisition V

(Get Free Report)

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.

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