Investcorp Europe Acquisition Corp I (NASDAQ:IVCB) Short Interest Up 475.0% in November

Investcorp Europe Acquisition Corp I (NASDAQ:IVCB) was the recipient of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 2,300 shares, an increase of 475.0% from the October 31st total of 400 shares. Based on an average trading volume of 102,800 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. K2 Principal Fund L.P. acquired a new position in shares of Investcorp Europe Acquisition Corp I during the second quarter valued at about $1,850,000. Shaolin Capital Management LLC increased its stake in Investcorp Europe Acquisition Corp I by 75.2% in the second quarter. Shaolin Capital Management LLC now owns 350,456 shares of the company’s stock valued at $3,978,000 after acquiring an additional 150,456 shares during the period. Bluefin Capital Management LLC bought a new stake in Investcorp Europe Acquisition Corp I in the second quarter valued at about $2,270,000. Finally, Wolverine Asset Management LLC increased its stake in Investcorp Europe Acquisition Corp I by 3.7% in the third quarter. Wolverine Asset Management LLC now owns 249,736 shares of the company’s stock valued at $2,944,000 after acquiring an additional 9,002 shares during the period. Institutional investors and hedge funds own 66.10% of the company’s stock.

Investcorp Europe Acquisition Corp I Stock Up 0.2 %

Investcorp Europe Acquisition Corp I stock traded up $0.03 on Wednesday, reaching $11.55. 1,089,497 shares of the stock were exchanged, compared to its average volume of 37,553. Investcorp Europe Acquisition Corp I has a twelve month low of $10.96 and a twelve month high of $12.16. The firm has a fifty day moving average price of $11.71 and a two-hundred day moving average price of $11.50.

Investcorp Europe Acquisition Corp I Announces Dividend

The company also recently announced a — dividend, which was paid on Tuesday, November 12th. Shareholders of record on Monday, November 4th were given a dividend of $0.60 per share. The ex-dividend date of this dividend was Monday, November 4th.

About Investcorp Europe Acquisition Corp I

Investcorp Europe Acquisition Corp I does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or assets in the business services, consumer and lifestyle, niche manufacturing, and technology sectors.