Short Interest in Zalatoris II Acquisition Corp. (NASDAQ:ZLS) Expands By 25.0%

Zalatoris II Acquisition Corp. (NASDAQ:ZLS) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totalling 500 shares, an increase of 25.0% from the March 31st total of 400 shares. Based on an average daily volume of 30,100 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Hedge Funds Weigh In On Zalatoris II Acquisition

A number of hedge funds and other institutional investors have recently bought and sold shares of ZLS. Spartan Fund Management Inc. bought a new position in Zalatoris II Acquisition in the fourth quarter valued at approximately $2,023,000. Cowen AND Company LLC bought a new position in shares of Zalatoris II Acquisition during the fourth quarter worth $4,678,000. Mizuho Securities USA LLC bought a new position in shares of Zalatoris II Acquisition during the fourth quarter worth $5,035,000. Kim LLC bought a new position in shares of Zalatoris II Acquisition during the fourth quarter worth $4,767,000. Finally, Karpus Management Inc. bought a new position in shares of Zalatoris II Acquisition during the fourth quarter worth $294,000. 53.56% of the stock is owned by institutional investors.

Zalatoris II Acquisition Price Performance

Shares of ZLS stock opened at $10.88 on Friday. Zalatoris II Acquisition has a 52-week low of $10.24 and a 52-week high of $11.00. The firm’s 50 day moving average price is $10.82 and its two-hundred day moving average price is $10.72.

Zalatoris II Acquisition Company Profile

Zalatoris II 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 formerly known as XPAC Acquisition Corp.