K2 Principal Fund L.P. Has $1.01 Million Position in Patria Latin American Opportunity Acquisition Corp. (NASDAQ:PLAO)

K2 Principal Fund L.P. trimmed its stake in shares of Patria Latin American Opportunity Acquisition Corp. (NASDAQ:PLAO - Free Report) by 25.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor 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 reporting period.

Separately, Mizuho Securities USA LLC increased its holdings in shares of Patria Latin American Opportunity Acquisition by 2.0% during the fourth quarter. Mizuho Securities USA LLC now owns 370,511 shares of the company's stock worth $4,279,000 after buying an additional 7,209 shares in the last quarter. Institutional investors own 72.25% of the company's stock.

Patria Latin American Opportunity Acquisition Stock Performance

Shares of PLAO opened at $11.85 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 stock has a fifty day moving average of $11.86 and a 200-day moving average of $11.74.

Patria Latin American Opportunity Acquisition Profile

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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