Short Interest in Zalatoris Acquisition Corp. (NYSE:TCOA) Drops By 14.3%

Zalatoris Acquisition Corp. (NYSE:TCOA) saw a significant drop in short interest in June. As of June 30th, there was short interest totalling 600 shares, a drop of 14.3% from the June 15th total of 700 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 6,100 shares, the days-to-cover ratio is currently 0.1 days.

Zalatoris Acquisition Stock Up 0.3 %

Shares of TCOA traded up $0.03 during mid-day trading on Monday, reaching $11.12. 102 shares of the stock traded hands, compared to its average volume of 26,182. Zalatoris Acquisition has a 1 year low of $10.37 and a 1 year high of $11.12. The firm has a fifty day moving average price of $11.06 and a 200 day moving average price of $10.91.

Institutional Investors Weigh In On Zalatoris Acquisition

An institutional investor recently bought a new position in Zalatoris Acquisition stock. Quarry LP acquired a new position in shares of Zalatoris Acquisition Corp. (NYSE:TCOA) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 175,564 shares of the company’s stock, valued at approximately $1,876,000. Quarry LP owned approximately 1.65% of Zalatoris Acquisition at the end of the most recent reporting period. Institutional investors and hedge funds own 55.82% of the company’s stock.

Zalatoris Acquisition Company Profile

Zalatoris Acquisition Corp. does not have significant operations. It focuses on effecting a merger, consolidation, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to identify business opportunities in the field of technology-driven business.