Castle Creek Arbitrage LLC Takes $8.38 Million Position in Roth CH Acquisition II Co. (NASDAQ:ROCC)

Castle Creek Arbitrage LLC purchased a new stake in shares of Roth CH Acquisition II Co. (NASDAQ:ROCC) in the first quarter, Holdings Channel reports. The firm purchased 846,040 shares of the company’s stock, valued at approximately $8,384,000. Castle Creek Arbitrage LLC owned 0.06% of Roth CH Acquisition II as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the business. Polar Asset Management Partners Inc. bought a new stake in Roth CH Acquisition II during the 1st quarter valued at $4,955,000. Radcliffe Capital Management L.P. purchased a new position in Roth CH Acquisition II during the 1st quarter worth $2,973,000. K2 Principal Fund L.P. purchased a new position in Roth CH Acquisition II during the 1st quarter worth $2,182,000. Wolverine Asset Management LLC purchased a new position in Roth CH Acquisition II during the 1st quarter worth $1,782,000. Finally, 683 Capital Management LLC purchased a new position in Roth CH Acquisition II during the 1st quarter worth $1,487,000. Institutional investors and hedge funds own 43.46% of the company’s stock.

ROCC traded down $0.18 during mid-day trading on Thursday, reaching $9.80. 600 shares of the stock were exchanged, compared to its average volume of 178,024. The business has a 50 day moving average of $9.94. Roth CH Acquisition II Co. has a 1 year low of $9.62 and a 1 year high of $11.58.

About Roth CH Acquisition II

Roth CH Acquisition II Co does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company was formerly known as Roth Acquisition I Co Roth CH Acquisition II Co was incorporated in 2019 and is based in Newport Beach, California.

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Institutional Ownership by Quarter for Roth CH Acquisition II (NASDAQ:ROCC)

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