Patria Latin American Opportunity Acquisition Corp. (NASDAQ:PLAO – Get Rating) was the recipient of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 2,400 shares, an increase of 140.0% from the March 15th total of 1,000 shares. Based on an average daily trading volume, of 76,100 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company's stock are short sold.
Patria Latin American Opportunity Acquisition Price Performance
PLAO traded up $0.05 during trading hours on Monday, hitting $10.60. 340 shares of the company's stock were exchanged, compared to its average volume of 86,850. Patria Latin American Opportunity Acquisition has a 12-month low of $9.95 and a 12-month high of $11.05. The firm has a 50 day moving average of $10.51 and a 200 day moving average of $10.37.
Get Patria Latin American Opportunity Acquisition alerts:Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in PLAO. Millennium Management LLC purchased a new position in Patria Latin American Opportunity Acquisition during the 2nd quarter worth $2,508,000. Hsbc Holdings PLC acquired a new stake in shares of Patria Latin American Opportunity Acquisition in the third quarter worth approximately $1,527,000. HGC Investment Management Inc. acquired a new stake in shares of Patria Latin American Opportunity Acquisition in the third quarter worth approximately $4,072,000. Verition Fund Management LLC acquired a new stake in shares of Patria Latin American Opportunity Acquisition in the third quarter worth approximately $1,287,000. Finally, Aristeia Capital LLC acquired a new stake in shares of Patria Latin American Opportunity Acquisition in the third quarter worth approximately $3,136,000. Institutional investors and hedge funds own 64.31% of the company's stock.
Patria Latin American Opportunity Acquisition Company Profile
(Get Rating)
Patria Latin American Opportunity Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus its search on companies in the healthcare, food and beverage, logistics, agribusiness, education, and financial services sectors primarily in Latin America.
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