Patria Latin American Opportunity Acquisition Corp. (NASDAQ:PLAOU – Get Rating) was the recipient of a large increase in short interest during the month of August. As of August 15th, there was short interest totalling 2,600 shares, an increase of 18.2% from the July 31st total of 2,200 shares. Approximately 0.0% of the company's shares are short sold. Based on an average daily trading volume, of 6,600 shares, the short-interest ratio is currently 0.4 days.

Institutional Investors Weigh In On Patria Latin American Opportunity Acquisition

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Ghisallo Capital Management LLC acquired a new stake in Patria Latin American Opportunity Acquisition during the first quarter worth about $3,521,000. Wealthspring Capital LLC purchased a new position in shares of Patria Latin American Opportunity Acquisition in the 1st quarter valued at $484,000. Atalaya Capital Management LP purchased a new position in shares of Patria Latin American Opportunity Acquisition in the 1st quarter valued at $1,005,000. OMERS ADMINISTRATION Corp acquired a new position in shares of Patria Latin American Opportunity Acquisition during the 1st quarter valued at $101,000. Finally, Landscape Capital Management L.L.C. purchased a new stake in Patria Latin American Opportunity Acquisition during the 1st quarter worth $246,000.

Patria Latin American Opportunity Acquisition Stock Up 0.2 %

NASDAQ:PLAOU traded up $0.02 during trading hours on Tuesday, reaching $10.16. 2,200 shares of the company were exchanged, compared to its average volume of 60,297. Patria Latin American Opportunity Acquisition has a 52-week low of $10.02 and a 52-week high of $10.21. The company's 50 day moving average is $10.09.

Patria Latin American Opportunity Acquisition Company Profile

Patria Latin American Opportunity Acquisition Corp. focuses on effecting 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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