Valor Latitude Acquisition Corp. (NASDAQ:VLAT – Get Rating) rose 0.1% during trading on Wednesday . The company traded as high as $10.13 and last traded at $10.12. Approximately 421,602 shares were traded during mid-day trading, an increase of 557% from the average daily volume of 64,200 shares. The stock had previously closed at $10.11.

Valor Latitude Acquisition Price Performance

The stock has a 50-day moving average of $10.04 and a 200 day moving average of $9.92.

Institutional Trading of Valor Latitude Acquisition

Large investors have recently bought and sold shares of the business. Virtu Financial LLC acquired a new stake in Valor Latitude Acquisition in the third quarter valued at about $122,000. Sculptor Capital LP acquired a new stake in Valor Latitude Acquisition in the second quarter valued at about $238,000. Exos TFP Holdings LLC acquired a new stake in Valor Latitude Acquisition in the third quarter valued at about $246,000. Bardin Hill Management Partners LP acquired a new stake in Valor Latitude Acquisition in the second quarter valued at about $285,000. Finally, Parallax Volatility Advisers L.P. acquired a new stake in Valor Latitude Acquisition in the second quarter valued at about $292,000. 62.66% of the stock is owned by institutional investors and hedge funds.

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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