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

Zalatoris II Acquisition Corp. (NASDAQ:XPAX)’s stock price fell 0.2% during trading on Wednesday . The company traded as low as $10.86 and last traded at $10.86. 268 shares traded hands 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 business’s 50-day moving average is $10.81 and its 200 day moving average is $10.72.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of XPAX. BCK Capital Management LP purchased a new position in Zalatoris II Acquisition during the third quarter valued at $784,000. Periscope Capital Inc. increased its stake in shares of Zalatoris II Acquisition by 340.3% in the 3rd quarter. Periscope Capital Inc. now owns 380,002 shares of the company’s stock worth $4,013,000 after acquiring an additional 293,702 shares in the last quarter. Finally, Mizuho Securities USA LLC lifted its position in Zalatoris II Acquisition by 53.7% during the 3rd quarter. Mizuho Securities USA LLC now owns 428,376 shares of the company’s stock valued at $4,498,000 after acquiring an additional 149,676 shares during the period. Hedge funds and other institutional investors own 61.92% of the company’s stock.

About Zalatoris II Acquisition

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.