Patria Latin American Opportunity Acquisition Corp. (NASDAQ:PLAO – Get Free Report)’s share price was up 0.2% during mid-day trading on Friday . The stock traded as high as $11.89 and last traded at $11.88. Approximately 1,400 shares changed hands during mid-day trading, an increase of 1% from the average daily volume of 1,386 shares. The stock had previously closed at $11.85.
Patria Latin American Opportunity Acquisition Price Performance
The firm has a fifty day simple moving average of $11.74 and a 200-day simple moving average of $11.65.
Institutional Investors Weigh In On Patria Latin American Opportunity Acquisition
Large investors have recently modified their holdings of the business. Mizuho Securities USA LLC increased its holdings in shares of Patria Latin American Opportunity Acquisition by 254.1% in the third quarter. Mizuho Securities USA LLC now owns 363,302 shares of the company’s stock worth $4,196,000 after acquiring an additional 260,697 shares in the last quarter. Crossingbridge Advisors LLC acquired a new position in shares of Patria Latin American Opportunity Acquisition during the third quarter worth about $2,546,000. Wolverine Asset Management LLC boosted its position in shares of Patria Latin American Opportunity Acquisition by 35.6% during the third quarter. Wolverine Asset Management LLC now owns 405,308 shares of the company’s stock worth $4,706,000 after buying an additional 106,301 shares during the period. Finally, Toronto Dominion Bank acquired a new position in shares of Patria Latin American Opportunity Acquisition during the fourth quarter worth about $543,000. 72.25% of the stock is currently owned by institutional investors.
About Patria Latin American Opportunity Acquisition
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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