K2 Principal Fund L.P. trimmed its holdings in Arogo Capital Acquisition Corp. (NASDAQ:AOGO – Free Report) by 43.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 41,362 shares of the company’s stock after selling 31,929 shares during the quarter. K2 Principal Fund L.P. owned approximately 0.95% of Arogo Capital Acquisition worth $454,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of AOGO. Clear Street LLC lifted its stake in Arogo Capital Acquisition by 731.3% in the fourth quarter. Clear Street LLC now owns 21,181 shares of the company’s stock worth $228,000 after acquiring an additional 18,633 shares during the period. Robinson Capital Management LLC purchased a new stake in shares of Arogo Capital Acquisition in the 1st quarter worth approximately $226,000. Tidal Investments LLC bought a new position in shares of Arogo Capital Acquisition during the first quarter valued at approximately $224,000. Finally, Warberg Asset Management LLC purchased a new position in Arogo Capital Acquisition during the second quarter valued at approximately $876,000. 41.63% of the stock is owned by institutional investors.
Arogo Capital Acquisition Price Performance
Shares of NASDAQ:AOGO opened at $11.05 on Tuesday. The firm has a 50 day moving average of $10.96 and a 200 day moving average of $10.93. Arogo Capital Acquisition Corp. has a 52 week low of $10.50 and a 52 week high of $11.64.
Arogo Capital Acquisition 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.
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