Clear Street LLC bought a new position in shares of Swiftmerge Acquisition Corp. (NASDAQ:IVCPU – Get Rating) in the 1st quarter, Holdings Channel.com reports. The institutional investor bought 14,742 shares of the company's stock, valued at approximately $146,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Wolverine Asset Management LLC bought a new position in shares of Swiftmerge Acquisition during the 1st quarter worth approximately $60,000. Omni Event Management Ltd bought a new position in shares of Swiftmerge Acquisition during the 4th quarter worth approximately $2,985,000. Saba Capital Management L.P. bought a new position in shares of Swiftmerge Acquisition during the 4th quarter worth approximately $2,004,000. Cubist Systematic Strategies LLC bought a new position in shares of Swiftmerge Acquisition during the 4th quarter worth approximately $9,751,000. Finally, Centiva Capital LP bought a new position in shares of Swiftmerge Acquisition during the 4th quarter worth approximately $2,985,000.

Swiftmerge Acquisition Stock Performance

Shares of Swiftmerge Acquisition stock remained flat at $9.85 during midday trading on Monday. Swiftmerge Acquisition Corp. has a 12 month low of $9.03 and a 12 month high of $10.20. The company's 50 day moving average is $9.85 and its 200 day moving average is $9.89.

Swiftmerge Acquisition Profile

Swiftmerge Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in West Vancouver, Canada.

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