Zalatoris II Acquisition (NASDAQ:XPAX) Shares Down 0.2%

Zalatoris II Acquisition Corp. (NASDAQ:XPAX)’s stock price traded down 0.2% during trading on Wednesday . The stock traded as low as $10.86 and last traded at $10.86. 268 shares were traded during mid-day trading, a decline of 100% from the average session volume of 170,645 shares. The stock had previously closed at $10.88.

Zalatoris II Acquisition Price Performance

The company’s 50-day moving average price is $10.81 and its two-hundred day moving average price is $10.72.

Hedge Funds Weigh In On Zalatoris II Acquisition

A number of large investors have recently made changes to their positions in the company. BCK Capital Management LP acquired a new position in Zalatoris II Acquisition during the third quarter valued at approximately $784,000. Periscope Capital Inc. grew its stake in shares of Zalatoris II Acquisition by 340.3% during the third quarter. Periscope Capital Inc. now owns 380,002 shares of the company’s stock worth $4,013,000 after buying an additional 293,702 shares during the last quarter. Finally, Mizuho Securities USA LLC increased its holdings in Zalatoris II Acquisition by 53.7% in the 3rd quarter. Mizuho Securities USA LLC now owns 428,376 shares of the company’s stock worth $4,498,000 after purchasing an additional 149,676 shares in the last quarter. Institutional investors own 61.92% of the company’s stock.

Zalatoris II Acquisition Company Profile

XPAC Acquisition Corp. does not have significant operations. It intends to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses in Brazil. The company was incorporated in 2021 and is based in New York, New York.