Cowen AND Company LLC Sells 559,573 Shares of Patria Latin American Opportunity Acquisition Corp. (NASDAQ:PLAO)

Cowen AND Company LLC cut its position in Patria Latin American Opportunity Acquisition Corp. (NASDAQ:PLAO) by 92.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 46,156 shares of the company’s stock after selling 559,573 shares during the quarter. Cowen AND Company LLC’s holdings in Patria Latin American Opportunity Acquisition were worth $528,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Virtu Financial LLC bought a new stake in shares of Patria Latin American Opportunity Acquisition during the 1st quarter valued at $128,000. Mizuho Securities USA LLC lifted its position in shares of Patria Latin American Opportunity Acquisition by 30.5% during the 1st quarter. Mizuho Securities USA LLC now owns 554,741 shares of the company’s stock valued at $6,213,000 after acquiring an additional 129,741 shares during the period. Wealthspring Capital LLC bought a new stake in shares of Patria Latin American Opportunity Acquisition during the 1st quarter valued at $3,430,000. Picton Mahoney Asset Management lifted its position in shares of Patria Latin American Opportunity Acquisition by 54.5% during the 1st quarter. Picton Mahoney Asset Management now owns 892,603 shares of the company’s stock valued at $10,077,000 after acquiring an additional 315,000 shares during the period. Finally, Kim LLC lifted its position in shares of Patria Latin American Opportunity Acquisition by 69.5% during the 4th quarter. Kim LLC now owns 805,000 shares of the company’s stock valued at $8,936,000 after acquiring an additional 330,000 shares during the period. 72.25% of the stock is currently owned by institutional investors.

Patria Latin American Opportunity Acquisition Trading Up 0.1 %

NASDAQ:PLAO opened at $11.57 on Tuesday. Patria Latin American Opportunity Acquisition Corp. has a fifty-two week low of $10.90 and a fifty-two week high of $12.06. The stock has a fifty day moving average price of $11.52 and a 200-day moving average price of $11.40.

Patria Latin American Opportunity Acquisition Company Profile

Patria Latin American Opportunity Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus its search on companies in the healthcare, food and beverage, logistics, agribusiness, education, and financial services sectors primarily in Latin America.