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Walleye Capital LLC Trims Stake in FTAC Zeus Acquisition Corp. (NASDAQ:ZING)

Defense World ·  Dec 16, 2022 04:13

Walleye Capital LLC trimmed its holdings in shares of FTAC Zeus Acquisition Corp. (NASDAQ:ZING – Get Rating) by 1.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 125,742 shares of the company's stock after selling 1,833 shares during the quarter. Walleye Capital LLC's holdings in FTAC Zeus Acquisition were worth $1,244,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ZING. Nomura Holdings Inc. increased its holdings in shares of FTAC Zeus Acquisition by 372.3% in the 2nd quarter. Nomura Holdings Inc. now owns 1,889,359 shares of the company's stock worth $18,667,000 after buying an additional 1,489,359 shares during the last quarter. Aristeia Capital LLC lifted its stake in FTAC Zeus Acquisition by 159.0% during the second quarter. Aristeia Capital LLC now owns 2,071,606 shares of the company's stock worth $20,488,000 after purchasing an additional 1,271,606 shares during the last quarter. Arena Capital Advisors LLC CA purchased a new position in shares of FTAC Zeus Acquisition in the 1st quarter worth about $7,331,000. Sculptor Capital LP bought a new position in shares of FTAC Zeus Acquisition during the 1st quarter valued at about $6,958,000. Finally, Polar Asset Management Partners Inc. purchased a new position in shares of FTAC Zeus Acquisition during the 1st quarter valued at about $6,902,000.

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FTAC Zeus Acquisition Price Performance

Shares of ZING opened at $10.07 on Friday. FTAC Zeus Acquisition Corp. has a 1 year low of $9.72 and a 1 year high of $10.56. The stock has a 50 day simple moving average of $10.04 and a two-hundred day simple moving average of $9.94.

FTAC Zeus Acquisition Company Profile

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FTAC Zeus Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was formerly known as FTAC Hera Acquisition Corp. and changed its name to FTAC Zeus Acquisition Corp.

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