Patria Latin American Opportunity Acquisition Corp. (NASDAQ:PLAO) Stock Position Increased by Wolverine Asset Management LLC

Wolverine Asset Management LLC boosted its position in Patria Latin American Opportunity Acquisition Corp. (NASDAQ:PLAO) by 111.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 529,834 shares of the company’s stock after purchasing an additional 279,179 shares during the quarter. Wolverine Asset Management LLC owned about 2.34% of Patria Latin American Opportunity Acquisition worth $5,881,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. BCK Capital Management LP bought a new stake in Patria Latin American Opportunity Acquisition in the 3rd quarter valued at about $816,000. Shaolin Capital Management LLC lifted its position in Patria Latin American Opportunity Acquisition by 179.2% in the 3rd quarter. Shaolin Capital Management LLC now owns 475,000 shares of the company’s stock valued at $5,220,000 after purchasing an additional 1,075,000 shares during the last quarter. Cowen AND Company LLC lifted its position in Patria Latin American Opportunity Acquisition by 356.2% in the 3rd quarter. Cowen AND Company LLC now owns 487,425 shares of the company’s stock valued at $5,357,000 after purchasing an additional 380,586 shares during the last quarter. Periscope Capital Inc. lifted its position in Patria Latin American Opportunity Acquisition by 14.2% in the 3rd quarter. Periscope Capital Inc. now owns 571,152 shares of the company’s stock valued at $6,277,000 after purchasing an additional 71,152 shares during the last quarter. Finally, Westchester Capital Management LLC lifted its position in Patria Latin American Opportunity Acquisition by 23.1% in the 3rd quarter. Westchester Capital Management LLC now owns 1,343,137 shares of the company’s stock valued at $14,761,000 after purchasing an additional 252,464 shares during the last quarter. 72.25% of the stock is currently owned by institutional investors.

Patria Latin American Opportunity Acquisition Stock Performance

Shares of NASDAQ:PLAO remained flat at $11.33 during trading on Tuesday. 1,240 shares of the stock were exchanged, compared to its average volume of 76,305. The business’s fifty day moving average is $11.27 and its two-hundred day moving average is $11.15. Patria Latin American Opportunity Acquisition Corp. has a 12 month low of $10.58 and a 12 month high of $11.97.

About Patria Latin American Opportunity Acquisition

Patria Latin American Opportunity Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, ordinary shares purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Grand Cayman, the Cayman Islands.