K2 Principal Fund L.P. cut its holdings in shares of Patria Latin American Opportunity Acquisition Corp. (NASDAQ:PLAO - Free Report) by 25.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 86,862 shares of the company's stock after selling 29,912 shares during the quarter. K2 Principal Fund L.P. owned approximately 0.84% of Patria Latin American Opportunity Acquisition worth $1,008,000 at the end of the most recent quarter.
Separately, Mizuho Securities USA LLC increased its holdings in Patria Latin American Opportunity Acquisition by 2.0% during the 4th quarter. Mizuho Securities USA LLC now owns 370,511 shares of the company's stock worth $4,279,000 after purchasing an additional 7,209 shares during the last quarter. Institutional investors and hedge funds own 72.25% of the company's stock.
Patria Latin American Opportunity Acquisition Price Performance
PLAO stock remained flat at $11.85 during midday trading on Friday. Patria Latin American Opportunity Acquisition Corp. has a 52 week low of $11.36 and a 52 week high of $12.07. The company's fifty day moving average price is $11.85 and its two-hundred day moving average price is $11.75.
Patria Latin American Opportunity Acquisition Profile
(
Free Report)
Patria Latin American Opportunity 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. 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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