Karpus Management Inc. Invests $1.89 Million in Roth Ch Acquisition V Co. (NASDAQ:ROCL)

Karpus Management Inc. bought a new position in shares of Roth Ch Acquisition V Co. (NASDAQ:ROCL) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 172,885 shares of the company’s stock, valued at approximately $1,893,000. Karpus Management Inc. owned 3.51% of Roth Ch Acquisition V as of its most recent SEC filing.

Separately, Tuttle Capital Management LLC acquired a new position in Roth Ch Acquisition V during the first quarter valued at $328,000. 21.90% of the stock is currently owned by hedge funds and other institutional investors.

Roth Ch Acquisition V Stock Performance

NASDAQ:ROCL remained flat at $11.07 during trading hours on Thursday. The company had a trading volume of 64 shares, compared to its average volume of 2,293. Roth Ch Acquisition V Co. has a 52-week low of $10.30 and a 52-week high of $11.93. The stock has a fifty day moving average price of $11.02 and a two-hundred day moving average price of $10.90.

Roth Ch Acquisition V Company Profile

Roth Ch Acquisition V Co does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. It intends to acquire businesses in the business services, consumer, healthcare, technology, wellness, and sustainability sectors.