BNP Paribas Arbitrage Discloses New Stake in DLO Stock

According to a recent Form 13F filing submitted to the SEC, BNP Paribas Arbitrage disclosed a noteworthy and bullish position in DLO stock. Here’s what you need to know about DLocal, as well as BNP Paribas Arbitrage’s position in shares of DLO stock:

About DLocal Ltd. (NASDAQ: DLO)

DLocal Limited operates a payments platform in the United States, Europe, China, and internationally. Its payments platform enables merchants to get paid and to make payments online. The company serves commerce, streaming, ride-hailing, financial services, advertising, software as a service, travel, e-learning, on-demand delivery, gaming, and crypto industries. DLocal Limited was founded in 2016 and is headquartered in Montevideo, Uruguay. Learn more about DLocal Limited on their website here

Bnp Paribas Arbitrage Position in DLO

According to the most recent 13F filed by BNP Paribas Arbitrage, the firm added 49,238 shares of DLO stock to it holdings in the recent quarter. That brings their total long position in DLocal Ltd. to 49,238 shares, representing approximately 0.0166% of the entire 295,984,997 DLO shares outstanding. Based on the most recent closing price of $21.22 per share of DLO, the entire BNP Paribas Arbitrage position in DLocal Ltd. stock is worth roughly $1,044,830.36.

Summary

Be sure to check out more recent 13F filings here to stay up to date on the latest disclosures from institutional investment managers like BNP Paribas Arbitrage. Also be sure to check out more recent 13F filing analysis news here.