Zalatoris II Acquisition Corp. (NASDAQ:ZLS) Short Interest Down 76.8% in July

Zalatoris II Acquisition Corp. (NASDAQ:ZLS) was the target of a large decline in short interest in July. As of July 15th, there was short interest totalling 2,300 shares, a decline of 76.8% from the June 30th total of 9,900 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 15,700 shares, the days-to-cover ratio is presently 0.1 days.

Zalatoris II Acquisition Stock Down 0.3 %

ZLS stock traded down $0.03 during mid-day trading on Thursday, reaching $11.10. 73,937 shares of the company traded hands, compared to its average volume of 18,204. Zalatoris II Acquisition has a 52-week low of $10.32 and a 52-week high of $11.13. The company has a fifty day moving average price of $10.97 and a 200-day moving average price of $10.86.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Berkley W R Corp grew its holdings in shares of 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 purchasing an additional 236,792 shares in the last quarter. Mizuho Securities USA LLC grew its holdings in shares of Zalatoris II Acquisition by 9.2% during the first 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 in the last quarter. Picton Mahoney Asset Management purchased a new position in shares of Zalatoris II Acquisition during the first quarter worth about $2,124,000. Glazer Capital LLC purchased a new position in shares of Zalatoris II Acquisition during the fourth quarter worth about $5,460,000. Finally, K2 Principal Fund L.P. purchased a new position in shares of Zalatoris II Acquisition during the fourth quarter worth about $1,906,000. Hedge funds and other institutional investors own 53.56% of the company’s stock.

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.