Investcorp Europe Acquisition Corp I (NASDAQ:IVCB – Get Rating) saw a large increase in short interest in November. As of November 15th, there was short interest totalling 11,300 shares, an increase of 9.7% from the October 31st total of 10,300 shares. Based on an average daily trading volume, of 39,500 shares, the days-to-cover ratio is presently 0.3 days.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of the business. Jane Street Group LLC acquired a new position in shares of Investcorp Europe Acquisition Corp I during the 3rd quarter worth $141,000. CI Investments Inc. acquired a new stake in Investcorp Europe Acquisition Corp I in the 3rd quarter worth $38,000. Glazer Capital LLC lifted its holdings in shares of Investcorp Europe Acquisition Corp I by 18.5% during the 3rd quarter. Glazer Capital LLC now owns 2,198,601 shares of the company's stock worth $22,228,000 after acquiring an additional 342,913 shares during the period. HGC Investment Management Inc. bought a new position in Investcorp Europe Acquisition Corp I during the 3rd quarter valued at about $4,471,000. Finally, Timelo Investment Management Inc. bought a new position in shares of Investcorp Europe Acquisition Corp I in the third quarter worth about $101,000.
Get Investcorp Europe Acquisition Corp I alerts:Investcorp Europe Acquisition Corp I Stock Performance
IVCB stock opened at $10.24 on Friday. Investcorp Europe Acquisition Corp I has a 12-month low of $9.85 and a 12-month high of $11.02. The company has a 50 day moving average of $10.17 and a two-hundred day moving average of $10.07.
Investcorp Europe Acquisition Corp I Company Profile
(Get Rating)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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