Glazer Capital LLC Sells 430,508 Shares of Patria Latin American Opportunity Acquisition Corp. (NASDAQ:PLAO)

Glazer Capital LLC lessened its stake in Patria Latin American Opportunity Acquisition Corp. (NASDAQ:PLAO) by 51.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 400,000 shares of the company’s stock after selling 430,508 shares during the period. Glazer Capital LLC owned about 1.77% of Patria Latin American Opportunity Acquisition worth $4,574,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in PLAO. Virtu Financial LLC bought a new stake in Patria Latin American Opportunity Acquisition in the first quarter valued at approximately $128,000. Wealthspring Capital LLC acquired a new position in shares of Patria Latin American Opportunity Acquisition in the 1st quarter worth approximately $3,430,000. Mizuho Securities USA LLC boosted its stake in shares of Patria Latin American Opportunity Acquisition by 30.5% in the 1st quarter. Mizuho Securities USA LLC now owns 554,741 shares of the company’s stock valued at $6,213,000 after purchasing an additional 129,741 shares during the last quarter. Hsbc Holdings PLC acquired a new stake in shares of Patria Latin American Opportunity Acquisition during the fourth quarter worth $8,422,000. Finally, Picton Mahoney Asset Management raised its stake in Patria Latin American Opportunity Acquisition by 54.5% during the first quarter. Picton Mahoney Asset Management now owns 892,603 shares of the company’s stock worth $10,077,000 after buying an additional 315,000 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

Shares of PLAO opened at $11.58 on Tuesday. The firm’s fifty day simple moving average is $11.54 and its two-hundred day simple moving average is $11.43. Patria Latin American Opportunity Acquisition Corp. has a 12 month low of $10.93 and a 12 month high of $12.06.

Patria Latin American Opportunity Acquisition Company 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.