Arogo Capital Acquisition (NASDAQ:AOGO) Trading 13.9% Higher – What’s Next?

Arogo Capital Acquisition Corp. (NASDAQ:AOGO)’s stock price shot up 13.9% during trading on Tuesday . The stock traded as high as $12.93 and last traded at $12.93. 300 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 12,733 shares. The stock had previously closed at $11.35.

Arogo Capital Acquisition Trading Up 13.9 %

The firm’s 50-day moving average price is $11.15 and its two-hundred day moving average price is $11.05.

Institutional Trading of Arogo Capital Acquisition

Several hedge funds have recently modified their holdings of AOGO. Clear Street LLC boosted its position in shares of Arogo Capital Acquisition by 10.9% during the 2nd quarter. Clear Street LLC now owns 137,370 shares of the company’s stock worth $1,508,000 after acquiring an additional 13,508 shares in the last quarter. Warberg Asset Management LLC acquired a new stake in Arogo Capital Acquisition in the second quarter valued at $876,000. Finally, Flow Traders U.S. LLC grew its position in Arogo Capital Acquisition by 75.4% during the third quarter. Flow Traders U.S. LLC now owns 21,707 shares of the company’s stock worth $238,000 after buying an additional 9,333 shares during the period. 41.63% of the stock is currently owned by institutional investors and hedge funds.

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.