Short Interest in Roth CH Acquisition III Co. (NASDAQ:ROCR) Grows By 582.9%

Roth CH Acquisition III Co. (NASDAQ:ROCR) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totalling 308,000 shares, a growth of 582.9% from the August 15th total of 45,100 shares. Based on an average trading volume of 97,100 shares, the days-to-cover ratio is presently 3.2 days. Currently, 2.1% of the shares of the stock are short sold.

Large investors have recently added to or reduced their stakes in the business. Sanders Morris Harris LLC purchased a new position in Roth CH Acquisition III in the second quarter worth $7,896,000. Segantii Capital Management Ltd purchased a new position in shares of Roth CH Acquisition III in the second quarter valued at $66,000. GAM Holding AG purchased a new position in shares of Roth CH Acquisition III in the second quarter valued at $321,000. Knott David M purchased a new position in shares of Roth CH Acquisition III in the second quarter valued at $987,000. Finally, DG Capital Management LLC purchased a new position in shares of Roth CH Acquisition III in the second quarter valued at $247,000.

NASDAQ:ROCR opened at $9.90 on Wednesday. The business has a fifty day simple moving average of $9.89. Roth CH Acquisition III has a 1 year low of $9.61 and a 1 year high of $10.10.

Roth CH Acquisition III Company Profile

Roth CH Acquisition III Co intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on the business services, consumer, healthcare, technology, wellness, or sustainability sectors. The company was incorporated in 2019 and is based in Newport Beach, California.

Featured Story: Strangles

Receive News & Ratings for Roth CH Acquisition III Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Roth CH Acquisition III and related companies with MarketBeat.com's FREE daily email newsletter.