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Roth Ch Acquisition V (NASDAQ:ROCL) Trading Down 2.2% - Here's What Happened

Roth Ch Acquisition V logo with Unclassified background

Roth Ch Acquisition V Co. (NASDAQ:ROCL - Get Free Report) dropped 2.2% on Monday . The stock traded as low as $11.31 and last traded at $11.38. Approximately 55,540 shares changed hands during trading, an increase of 362% from the average daily volume of 12,029 shares. The stock had previously closed at $11.64.

Roth Ch Acquisition V Trading Down 0.8 %

The business has a 50-day moving average of $11.30 and a 200 day moving average of $11.16.

Institutional Trading of Roth Ch Acquisition V

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Cowen AND Company LLC boosted its holdings in shares of 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 valued at $2,571,000 after purchasing an additional 178,653 shares during the last quarter. Warberg Asset Management LLC bought a new stake in Roth Ch Acquisition V in the second quarter worth about $493,000. Finally, SkyView Investment Advisors LLC purchased a new position in Roth Ch Acquisition V during the 1st quarter valued at $1,473,000. Hedge funds and other institutional investors own 21.90% of the company's stock.

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.

Further Reading

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