Patria Latin American Opportunity Acquisition Corp. (NASDAQ:PLAO - Get Free Report)'s share price traded up 0.2% during trading on Friday . The company traded as high as $11.89 and last traded at $11.88. 1,400 shares changed hands during trading, an increase of 1% from the average session volume of 1,386 shares. The stock had previously closed at $11.85.
Patria Latin American Opportunity Acquisition Price Performance
The firm has a 50-day moving average price of $11.75 and a two-hundred day moving average price of $11.66.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Mizuho Securities USA LLC grew its holdings in shares of Patria Latin American Opportunity Acquisition by 254.1% during the third quarter. Mizuho Securities USA LLC now owns 363,302 shares of the company's stock worth $4,196,000 after buying an additional 260,697 shares in the last quarter. Crossingbridge Advisors LLC acquired a new position in Patria Latin American Opportunity Acquisition during the third quarter worth about $2,546,000. Wolverine Asset Management LLC grew its stake in Patria Latin American Opportunity Acquisition by 35.6% during the 3rd quarter. Wolverine Asset Management LLC now owns 405,308 shares of the company's stock valued at $4,706,000 after acquiring an additional 106,301 shares in the last quarter. Finally, Toronto Dominion Bank acquired a new stake in Patria Latin American Opportunity Acquisition in the 4th quarter valued at about $543,000. Hedge funds and other institutional investors own 72.25% of the company's stock.
Patria Latin American Opportunity Acquisition Company Profile
(
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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.
Further Reading
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