Zalatoris Acquisition Corp. (NYSE:TCOA) Short Interest Down 52.2% in March

Zalatoris Acquisition Corp. (NYSE:TCOA - Get Free Report) saw a significant decline in short interest during the month of March. As of March 31st, there was short interest totalling 1,100 shares, a decline of 52.2% from the March 15th total of 2,300 shares. Currently, 0.0% of the company's shares are short sold. Based on an average daily trading volume, of 16,500 shares, the short-interest ratio is presently 0.1 days.

Zalatoris Acquisition Stock Up 0.1 %

Shares of TCOA traded up $0.01 during midday trading on Thursday, reaching $10.95. The company had a trading volume of 25,206 shares, compared to its average volume of 38,727. Zalatoris Acquisition has a 1-year low of $10.19 and a 1-year high of $10.95. The firm has a 50 day simple moving average of $10.83 and a 200-day simple moving average of $10.70.

Institutional Investors Weigh In On Zalatoris Acquisition

Hedge funds have recently modified their holdings of the company. Schonfeld Strategic Advisors LLC boosted its holdings in Zalatoris Acquisition by 35.2% in the 2nd quarter. Schonfeld Strategic Advisors LLC now owns 19,210 shares of the company's stock valued at $199,000 after purchasing an additional 5,000 shares during the last quarter. BlackRock Inc. purchased a new stake in shares of Zalatoris Acquisition during the 3rd quarter valued at approximately $141,000. Wolverine Asset Management LLC lifted its holdings in Zalatoris Acquisition by 3.4% in the fourth quarter. Wolverine Asset Management LLC now owns 596,938 shares of the company's stock valued at $6,369,000 after acquiring an additional 19,898 shares during the last quarter. Warberg Asset Management LLC purchased a new position in Zalatoris Acquisition in the third quarter worth approximately $386,000. Finally, Glazer Capital LLC purchased a new position in Zalatoris Acquisition in the fourth quarter worth approximately $405,000. Hedge funds and other institutional investors own 55.82% of the company's stock.

Zalatoris Acquisition Company Profile

Zalatoris Acquisition Corp. does not have significant operations. It focuses on effecting a merger, consolidation, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to identify business opportunities in the field of technology-driven business.