Investcorp Europe Acquisition Corp I (NASDAQ:IVCB – Get Rating) saw a large growth in short interest during the month of November. As of November 30th, there was short interest totalling 13,900 shares, a growth of 23.0% from the November 15th total of 11,300 shares. Based on an average trading volume of 38,600 shares, the short-interest ratio is presently 0.4 days.
Hedge Funds Weigh In On Investcorp Europe Acquisition Corp I
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Glazer Capital LLC raised 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 valued at $22,228,000 after buying an additional 342,913 shares in the last quarter. Aristeia Capital LLC raised its stake in shares of Investcorp Europe Acquisition Corp I by 10.0% during the second quarter. Aristeia Capital LLC now owns 1,100,000 shares of the company's stock worth $11,022,000 after acquiring an additional 100,000 shares in the last quarter. Dryden Capital LLC bought a new stake in shares of Investcorp Europe Acquisition Corp I in the 1st quarter worth approximately $10,289,000. P Schoenfeld Asset Management LP purchased a new stake in shares of Investcorp Europe Acquisition Corp I in the 1st quarter valued at $8,549,000. Finally, Wolverine Asset Management LLC grew its holdings in shares of Investcorp Europe Acquisition Corp I by 0.7% during the 2nd quarter. Wolverine Asset Management LLC now owns 850,618 shares of the company's stock valued at $8,523,000 after purchasing an additional 6,275 shares during the last quarter.
Get Investcorp Europe Acquisition Corp I alerts:Investcorp Europe Acquisition Corp I Stock Performance
Shares of NASDAQ:IVCB opened at $10.27 on Friday. Investcorp Europe Acquisition Corp I has a 52-week low of $9.85 and a 52-week high of $11.02. The firm has a fifty day moving average of $10.20 and a 200 day moving average of $10.10.
About Investcorp Europe Acquisition Corp I
(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.
Further Reading
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