Picton Mahoney Asset Management Acquires New Shares in Zalatoris II Acquisition Corp. (NASDAQ:ZLS)

Picton Mahoney Asset Management acquired a new stake in shares of Zalatoris II Acquisition Corp. (NASDAQ:ZLS) during the first quarter, according to its most recent filing with the SEC. The fund acquired 195,920 shares of the company’s stock, valued at approximately $2,124,000. Picton Mahoney Asset Management owned 1.63% of Zalatoris II Acquisition as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Spartan Fund Management Inc. bought a new stake in shares of Zalatoris II Acquisition during the 4th quarter valued at $2,023,000. Kim LLC bought a new stake in shares of Zalatoris II Acquisition during the 4th quarter valued at $4,767,000. K2 Principal Fund L.P. bought a new position in Zalatoris II Acquisition in the 4th quarter worth about $1,906,000. Berkley W R Corp bought a new position in Zalatoris II Acquisition in the 4th quarter worth about $3,286,000. Finally, Mizuho Securities USA LLC bought a new position in Zalatoris II Acquisition in the 4th quarter worth about $5,035,000. 53.56% of the stock is currently owned by institutional investors.

Zalatoris II Acquisition Price Performance

NASDAQ ZLS traded down $0.05 during trading on Friday, reaching $11.07. The company’s stock had a trading volume of 1,841 shares, compared to its average volume of 38,421. The firm has a fifty day moving average of $10.95 and a 200 day moving average of $10.85. Zalatoris II Acquisition Corp. has a one year low of $10.32 and a one year high of $11.12.

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.