Spartan Fund Management Inc. Sells 50,000 Shares of Zalatoris II Acquisition Corp. (NASDAQ:ZLS)

Spartan Fund Management Inc. reduced its position in shares of Zalatoris II Acquisition Corp. (NASDAQ:ZLS) by 26.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 139,950 shares of the company’s stock after selling 50,000 shares during the quarter. Zalatoris II Acquisition accounts for approximately 4.6% of Spartan Fund Management Inc.’s investment portfolio, making the stock its 10th biggest holding. Spartan Fund Management Inc. owned approximately 1.17% of Zalatoris II Acquisition worth $1,518,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Warberg Asset Management LLC acquired a new position in Zalatoris II Acquisition in the 2nd quarter valued at $260,000. Clear Street LLC raised its position in shares of Zalatoris II Acquisition by 46.2% in the second quarter. Clear Street LLC now owns 35,691 shares of the company’s stock valued at $391,000 after buying an additional 11,282 shares during the last quarter. Quarry LP lifted its stake in shares of Zalatoris II Acquisition by 135.7% in the second quarter. Quarry LP now owns 95,175 shares of the company’s stock worth $1,043,000 after buying an additional 54,802 shares in the last quarter. Picton Mahoney Asset Management purchased a new position in shares of Zalatoris II Acquisition in the first quarter worth about $2,124,000. Finally, Mizuho Securities USA LLC boosted its position in 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 acquiring an additional 43,837 shares during the last quarter. 53.56% of the stock is owned by hedge funds and other institutional investors.

Zalatoris II Acquisition Price Performance

NASDAQ:ZLS remained flat at $10.85 during trading hours on Tuesday. The company’s stock had a trading volume of 1 shares, compared to its average volume of 37,806. Zalatoris II Acquisition Corp. has a 12 month low of $10.32 and a 12 month high of $11.16. The business’s 50-day moving average price is $10.25 and its 200-day moving average price is $10.70.

About Zalatoris II Acquisition

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.