Zalatoris II Acquisition Corp. (NASDAQ:ZLS) Short Interest Update

Zalatoris II Acquisition Corp. (NASDAQ:ZLS) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totalling 9,900 shares, an increase of 296.0% from the June 15th total of 2,500 shares. Based on an average trading volume of 14,900 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.2% of the shares of the company are short sold.

Hedge Funds Weigh In On Zalatoris II Acquisition

A number of institutional investors have recently modified their holdings of the stock. Berkley W R Corp grew its holdings in Zalatoris II Acquisition by 76.7% during the first quarter. Berkley W R Corp now owns 545,378 shares of the company’s stock worth $5,906,000 after acquiring an additional 236,792 shares during the period. Mizuho Securities USA LLC grew its stake in shares of Zalatoris II Acquisition by 9.2% during the 1st quarter. Mizuho Securities USA LLC now owns 518,822 shares of the company’s stock worth $5,577,000 after purchasing an additional 43,837 shares during the period. Picton Mahoney Asset Management purchased a new position in shares of Zalatoris II Acquisition during the 1st quarter valued at approximately $2,124,000. Glazer Capital LLC acquired a new position in shares of Zalatoris II Acquisition in the 4th quarter valued at $5,460,000. Finally, K2 Principal Fund L.P. purchased a new stake in Zalatoris II Acquisition during the fourth quarter worth $1,906,000. Hedge funds and other institutional investors own 53.56% of the company’s stock.

Zalatoris II Acquisition Price Performance

Shares of Zalatoris II Acquisition stock remained flat at $10.96 during trading on Thursday. 10 shares of the company traded hands, compared to its average volume of 3,865. The firm’s 50-day simple moving average is $10.94 and its 200-day simple moving average is $10.84. Zalatoris II Acquisition has a 12-month low of $10.32 and a 12-month high of $11.00.

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.