K2 Principal Fund L.P. Sells 3,326 Shares of Patria Latin American Opportunity Acquisition Corp. (NASDAQ:PLAO)

K2 Principal Fund L.P. cut its stake in Patria Latin American Opportunity Acquisition Corp. (NASDAQ:PLAO) by 2.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 116,774 shares of the company’s stock after selling 3,326 shares during the quarter. K2 Principal Fund L.P. owned 1.13% of Patria Latin American Opportunity Acquisition worth $1,356,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Spartan Fund Management Inc. bought a new stake in Patria Latin American Opportunity Acquisition in the 3rd quarter worth approximately $49,000. Crossingbridge Advisors LLC purchased a new position in shares of Patria Latin American Opportunity Acquisition in the 3rd quarter worth $2,546,000. Mizuho Securities USA LLC boosted its stake in shares of Patria Latin American Opportunity Acquisition by 254.1% in the 3rd 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 during the last quarter. Finally, Wolverine Asset Management LLC grew its holdings in shares of Patria Latin American Opportunity Acquisition by 35.6% in the third quarter. Wolverine Asset Management LLC now owns 405,308 shares of the company’s stock worth $4,706,000 after acquiring an additional 106,301 shares during the period. 72.25% of the stock is owned by hedge funds and other institutional investors.

Patria Latin American Opportunity Acquisition Stock Performance

Patria Latin American Opportunity Acquisition stock opened at $11.63 on Friday. The stock has a fifty day moving average of $11.62 and a 200 day moving average of $11.54. Patria Latin American Opportunity Acquisition Corp. has a one year low of $11.03 and a one year high of $12.06.

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.