Kim LLC Cuts Position in Arogo Capital Acquisition Corp. (NASDAQ:AOGO)

Kim LLC lessened its holdings in Arogo Capital Acquisition Corp. (NASDAQ:AOGO) by 32.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 100,000 shares of the company’s stock after selling 47,000 shares during the quarter. Kim LLC’s holdings in Arogo Capital Acquisition were worth $1,076,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Periscope Capital Inc. increased its stake in Arogo Capital Acquisition by 1.3% during the 3rd quarter. Periscope Capital Inc. now owns 414,688 shares of the company’s stock worth $4,445,000 after buying an additional 5,363 shares in the last quarter. Cowen AND Company LLC increased its stake in Arogo Capital Acquisition by 30.9% during the 3rd quarter. Cowen AND Company LLC now owns 130,926 shares of the company’s stock worth $1,397,000 after buying an additional 30,926 shares in the last quarter. K2 Principal Fund L.P. increased its stake in Arogo Capital Acquisition by 291.0% during the 3rd quarter. K2 Principal Fund L.P. now owns 105,000 shares of the company’s stock worth $1,120,000 after buying an additional 78,144 shares in the last quarter. Finally, ATW Spac Management LLC increased its stake in Arogo Capital Acquisition by 437.4% during the 3rd quarter. ATW Spac Management LLC now owns 63,947 shares of the company’s stock worth $682,000 after buying an additional 52,047 shares in the last quarter. Hedge funds and other institutional investors own 41.63% of the company’s stock.

Arogo Capital Acquisition Price Performance

NASDAQ:AOGO traded down $0.06 during trading hours on Tuesday, hitting $10.90. 162,017 shares of the stock were exchanged, compared to its average volume of 16,642. Arogo Capital Acquisition Corp. has a 52-week low of $10.44 and a 52-week high of $11.67. The firm’s fifty day moving average price is $10.87 and its 200 day moving average price is $10.81.

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.