Arko (NASDAQ:ARKOW) Shares Up 3.1%

Arko Corp. (NASDAQ:ARKOWGet Free Report) shot up 3.1% during mid-day trading on Tuesday . The company traded as high as $0.43 and last traded at $0.41. 1,600 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 7,432 shares. The stock had previously closed at $0.40.

Arko Trading Up 3.1 %

The firm’s fifty day simple moving average is $0.71 and its 200-day simple moving average is $0.94.

Institutional Trading of Arko

A hedge fund recently bought a new stake in Arko stock. Aristeia Capital LLC acquired a new position in shares of Arko Corp. (NASDAQ:ARKOWFree Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 553,681 shares of the company’s stock, valued at approximately $952,000.

About Arko

(Get Free Report)

Arko Corp. operates convenience stores in the United States. It operates through Retail, Wholesale, Fleet Fueling, and GPMP segments. The Retail segment engages in the sale of fuel and merchandise to retail consumers. Its Wholesale segment supplies fuel to third-party dealers and consignment agents. The Fleet Fueling segment supplies fuel to proprietary and third-party cardlock, and issuance of proprietary fuel cards.

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