Cowen AND Company LLC increased its holdings in shares of Investcorp India Acquisition Corp (NASDAQ:IVCA – Free Report) by 415.9% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 411,301 shares of the company’s stock after acquiring an additional 331,576 shares during the period. Cowen AND Company LLC’s holdings in Investcorp India Acquisition were worth $4,668,000 as of its most recent SEC filing.
A number of other hedge funds have also added to or reduced their stakes in IVCA. Virtu Financial LLC acquired a new position in shares of Investcorp India Acquisition during the 1st quarter worth about $343,000. Quarry LP acquired a new position in Investcorp India Acquisition during the fourth quarter valued at approximately $550,000. Kim LLC grew its stake 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 in the last quarter. Wolverine Asset Management LLC increased its position in shares of Investcorp India Acquisition by 29.8% during the 2nd quarter. Wolverine Asset Management LLC now owns 776,041 shares of the company’s stock worth $8,824,000 after purchasing an additional 178,244 shares during the last quarter. Finally, K2 Principal Fund L.P. bought a new stake in shares of Investcorp India Acquisition during the 4th quarter worth approximately $2,198,000. Institutional investors own 55.98% of the company’s stock.
Investcorp India Acquisition Trading Up 0.1 %
Shares of NASDAQ IVCA traded up $0.01 during trading hours on Monday, hitting $11.45. The company had a trading volume of 200 shares, compared to its average volume of 60,799. Investcorp India Acquisition Corp has a 1-year low of $10.77 and a 1-year high of $12.37. The firm’s 50 day moving average is $11.46 and its 200-day moving average is $11.32.
Investcorp India Acquisition Company Profile
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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