Arogo Capital Acquisition Corp. (NASDAQ:AOGO) Short Interest Update

Arogo Capital Acquisition Corp. (NASDAQ:AOGO) saw a significant growth in short interest in the month of August. As of August 15th, there was short interest totalling 15,200 shares, a growth of 9.4% from the July 31st total of 13,900 shares. Approximately 1.2% of the shares of the company are sold short. Based on an average trading volume of 5,800 shares, the short-interest ratio is presently 2.6 days.

Arogo Capital Acquisition Stock Performance

Shares of AOGO traded down $0.01 during trading hours on Monday, hitting $10.95. The stock had a trading volume of 5,100 shares, compared to its average volume of 12,829. Arogo Capital Acquisition has a 12 month low of $10.50 and a 12 month high of $11.64. The stock has a fifty day moving average price of $10.98 and a 200 day moving average price of $10.91.

Institutional Trading of Arogo Capital Acquisition

Large investors have recently modified their holdings of the company. Clear Street LLC grew its holdings in Arogo Capital Acquisition by 10.9% during the second quarter. Clear Street LLC now owns 137,370 shares of the company’s stock valued at $1,508,000 after purchasing an additional 13,508 shares during the period. Warberg Asset Management LLC bought a new stake in Arogo Capital Acquisition during the second quarter valued at about $876,000. K2 Principal Fund L.P. bought a new stake in Arogo Capital Acquisition during the first quarter valued at about $788,000. Tidal Investments LLC bought a new stake in Arogo Capital Acquisition during the first quarter valued at about $224,000. Finally, Robinson Capital Management LLC bought a new stake in Arogo Capital Acquisition during the first quarter valued at about $226,000. Institutional investors own 41.63% of the company’s stock.

About Arogo Capital Acquisition

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.