Arrowroot Acquisition (NASDAQ:ARRW) Trading Up 0.2%

Arrowroot Acquisition Corp. (NASDAQ:ARRW – Get Rating) shares were up 0.2% on Thursday . The company traded as high as $10.32 and last traded at $10.32. Approximately 7,404 shares were traded during trading, a decline of 93% from the average daily volume of 113,779 shares. The stock had previously closed at $10.30.

Arrowroot Acquisition Trading Up 0.2 %

The business’s 50-day moving average is $10.25 and its two-hundred day moving average is $10.10.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in ARRW. Elequin Capital LP bought a new position in shares of Arrowroot Acquisition during the third quarter valued at about $51,000. Clear Street LLC raised its position in Arrowroot Acquisition by 696.1% in the fourth quarter. Clear Street LLC now owns 7,292 shares of the company’s stock worth $73,000 after acquiring an additional 6,376 shares during the period. Flow Traders U.S. LLC bought a new stake in Arrowroot Acquisition in the third quarter worth about $145,000. BlackRock Inc. bought a new stake in Arrowroot Acquisition in the third quarter worth about $147,000. Finally, Janney Montgomery Scott LLC bought a new stake in Arrowroot Acquisition in the first quarter worth about $153,000. 64.91% of the stock is owned by institutional investors.

About Arrowroot Acquisition

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Arrowroot Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to identify and acquire a business focusing on the enterprise software sector.