Arogo Capital Acquisition (NASDAQ:AOGO) Stock Price Down 0.2%

Arogo Capital Acquisition Corp. (NASDAQ:AOGO) traded down 0.2% on Wednesday . The company traded as low as $10.93 and last traded at $10.93. 5,661 shares were traded during trading, a decline of 61% from the average session volume of 14,615 shares. The stock had previously closed at $10.95.

Arogo Capital Acquisition Stock Down 0.2 %

The firm’s fifty day moving average is $10.85 and its 200-day moving average is $10.79.

Institutional Investors Weigh In On Arogo Capital Acquisition

A number of hedge funds have recently added to or reduced their stakes in AOGO. Periscope Capital Inc. increased its stake in Arogo Capital Acquisition by 1.3% in the third quarter. Periscope Capital Inc. now owns 414,688 shares of the company’s stock valued at $4,445,000 after purchasing an additional 5,363 shares in the last quarter. Cowen AND Company LLC boosted its holdings in Arogo Capital Acquisition by 30.9% in the third quarter. Cowen AND Company LLC now owns 130,926 shares of the company’s stock worth $1,397,000 after acquiring an additional 30,926 shares in the last quarter. K2 Principal Fund L.P. grew its stake in Arogo Capital Acquisition by 291.0% in the third quarter. K2 Principal Fund L.P. now owns 105,000 shares of the company’s stock valued at $1,120,000 after acquiring an additional 78,144 shares during the period. ATW Spac Management LLC increased its holdings in shares of Arogo Capital Acquisition by 437.4% during the third quarter. ATW Spac Management LLC now owns 63,947 shares of the company’s stock valued at $682,000 after acquiring an additional 52,047 shares in the last quarter. Finally, Clear Street LLC raised its position in shares of Arogo Capital Acquisition by 731.3% during the fourth quarter. Clear Street LLC now owns 21,181 shares of the company’s stock worth $228,000 after purchasing an additional 18,633 shares during the period. 41.63% of the stock is currently owned by institutional investors.

Arogo Capital Acquisition Company Profile

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 businesses in transportation and technology industries within the electric vehicles technology, smart mobility, or sustainable transportation.