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Investcorp Europe Acquisition Corp I (NASDAQ:IVCB) Short Interest Up 6.4% in October

kopsource ·  Oct 31, 2022 21:22

Investcorp Europe Acquisition Corp I (NASDAQ:IVCB – Get Rating) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 10,000 shares, a growth of 6.4% from the September 30th total of 9,400 shares. Based on an average daily trading volume, of 27,900 shares, the short-interest ratio is currently 0.4 days.

Investcorp Europe Acquisition Corp I Stock Performance

Shares of Investcorp Europe Acquisition Corp I stock remained flat at $10.16 on Monday. The stock had a trading volume of 530,095 shares, compared to its average volume of 59,298. Investcorp Europe Acquisition Corp I has a fifty-two week low of $9.85 and a fifty-two week high of $11.02. The business has a 50-day moving average price of $10.10 and a 200 day moving average price of $10.04.

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Institutional Trading of Investcorp Europe Acquisition Corp I

Several institutional investors and hedge funds have recently made changes to their positions in IVCB. Lynwood Capital Management Inc. purchased a new stake in shares of Investcorp Europe Acquisition Corp I in the 1st quarter valued at about $250,000. RiverPark Advisors LLC purchased a new stake in shares of Investcorp Europe Acquisition Corp I in the 1st quarter valued at about $3,393,000. JPMorgan Chase & Co. purchased a new stake in Investcorp Europe Acquisition Corp I during the 1st quarter valued at approximately $1,107,000. Highbridge Capital Management LLC purchased a new stake in Investcorp Europe Acquisition Corp I during the 1st quarter valued at approximately $4,720,000. Finally, Clear Street LLC purchased a new stake in Investcorp Europe Acquisition Corp I during the 1st quarter valued at approximately $152,000.

About Investcorp Europe Acquisition Corp I

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

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