Valor Latitude Acquisition Corp. (NASDAQ:VLAT – Get Rating) was the target of a large decline in short interest in the month of July. As of July 31st, there was short interest totalling 5,400 shares, a decline of 27.0% from the July 15th total of 7,400 shares. Currently, 0.0% of the company's shares are short sold. Based on an average trading volume of 45,600 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On Valor Latitude Acquisition

Large investors have recently added to or reduced their stakes in the business. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in Valor Latitude Acquisition during the 1st quarter worth approximately $467,000. Sculptor Capital LP purchased a new stake in Valor Latitude Acquisition during the 2nd quarter worth approximately $238,000. Bardin Hill Management Partners LP purchased a new stake in Valor Latitude Acquisition during the 2nd quarter worth approximately $285,000. Spartan Fund Management Inc. purchased a new stake in Valor Latitude Acquisition during the 1st quarter worth approximately $1,214,000. Finally, P Schoenfeld Asset Management LP purchased a new stake in Valor Latitude Acquisition during the 1st quarter worth approximately $2,922,000. 56.05% of the stock is owned by hedge funds and other institutional investors.

Valor Latitude Acquisition Price Performance

Valor Latitude Acquisition stock opened at $9.81 on Friday. The company's 50 day simple moving average is $9.77 and its 200-day simple moving average is $9.74. Valor Latitude Acquisition has a 1 year low of $9.61 and a 1 year high of $10.30.

Valor Latitude Acquisition Company Profile

Valor Latitude Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the technology sector in Latin America. The company was incorporated in 2021 and is based in Grand Cayman, the Cayman Islands.

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