Investcorp India Acquisition Corp (NASDAQ:IVCA) Short Interest Update

Investcorp India Acquisition Corp (NASDAQ:IVCAGet Free Report) was the target of a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 200 shares, a drop of 33.3% from the January 15th total of 300 shares. Based on an average daily trading volume, of 23,200 shares, the short-interest ratio is presently 0.0 days.

Investcorp India Acquisition Stock Performance

NASDAQ:IVCA opened at $11.08 on Tuesday. The firm’s 50 day simple moving average is $11.03 and its 200 day simple moving average is $10.90. Investcorp India Acquisition has a one year low of $10.41 and a one year high of $11.31.

Institutional Trading of Investcorp India Acquisition

Several hedge funds have recently modified their holdings of the stock. Kim LLC increased its stake in Investcorp India Acquisition by 125.0% during the 4th quarter. Kim LLC now owns 225,006 shares of the company’s stock valued at $2,473,000 after purchasing an additional 125,000 shares in the last quarter. Wolverine Asset Management LLC increased its stake in Investcorp India Acquisition by 48.2% during the 4th quarter. Wolverine Asset Management LLC now owns 602,874 shares of the company’s stock valued at $6,626,000 after purchasing an additional 195,957 shares in the last quarter. Shaolin Capital Management LLC increased its stake in Investcorp India Acquisition by 154.5% during the 3rd quarter. Shaolin Capital Management LLC now owns 300,000 shares of the company’s stock valued at $3,243,000 after purchasing an additional 850,000 shares in the last quarter. Walleye Trading LLC bought a new stake in Investcorp India Acquisition during the 3rd quarter valued at $486,000. Finally, Walleye Capital LLC bought a new stake in Investcorp India Acquisition during the 3rd quarter valued at $865,000. Institutional investors own 74.74% of the company’s stock.

Investcorp India Acquisition Company Profile

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Investcorp India Acquisition Corp does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more businesses. The company was formerly known as Investcorp Acquisition Corp.

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