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

Investcorp India Acquisition Corp (NASDAQ:IVCA) saw a significant growth in short interest in August. As of August 15th, there was short interest totalling 1,100 shares, a growth of 450.0% from the July 31st total of 200 shares. Based on an average daily trading volume, of 54,400 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Investors Weigh In On Investcorp India Acquisition

A number of large investors have recently made changes to their positions in IVCA. Kim LLC boosted its holdings in Investcorp India Acquisition by 125.0% in the fourth 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 during the last quarter. K2 Principal Fund L.P. acquired a new position in shares of Investcorp India Acquisition in the fourth quarter worth about $2,198,000. Virtu Financial LLC acquired a new position in shares of Investcorp India Acquisition in the first quarter worth about $343,000. Berkley W R Corp raised its position in shares of Investcorp India Acquisition by 57.3% in the first quarter. Berkley W R Corp now owns 737,682 shares of the company’s stock worth $8,262,000 after acquiring an additional 268,776 shares during the period. Finally, Quarry LP acquired a new position in shares of Investcorp India Acquisition in the fourth quarter worth about $550,000. 55.98% of the stock is owned by hedge funds and other institutional investors.

Investcorp India Acquisition Stock Performance

Shares of IVCA stock remained flat at $11.44 during trading hours on Tuesday. The stock had a trading volume of 299 shares, compared to its average volume of 61,425. The business’s fifty day moving average price is $11.45 and its 200 day moving average price is $11.30. Investcorp India Acquisition has a 1-year low of $10.75 and a 1-year high of $12.37.

About Investcorp India Acquisition

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.