Investcorp Europe Acquisition Corp I (NASDAQ:IVCB – Get Rating) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 15,900 shares, a growth of 57.4% from the December 31st total of 10,100 shares. Based on an average daily volume of 73,500 shares, the short-interest ratio is currently 0.2 days.
Institutional Trading of Investcorp Europe Acquisition Corp I
A number of institutional investors have recently made changes to their positions in the stock. Calamos Advisors LLC acquired a new stake in shares of Investcorp Europe Acquisition Corp I in the 4th quarter worth approximately $15,450,000. Weiss Asset Management LP lifted its stake in shares of Investcorp Europe Acquisition Corp I by 15.3% in the 3rd quarter. Weiss Asset Management LP now owns 753,022 shares of the company's stock worth $7,636,000 after acquiring an additional 100,100 shares during the period. Jane Street Group LLC acquired a new stake in shares of Investcorp Europe Acquisition Corp I in the 3rd quarter worth approximately $141,000. CI Investments Inc. acquired a new stake in shares of Investcorp Europe Acquisition Corp I in the 3rd quarter worth approximately $38,000. Finally, Glazer Capital LLC lifted its stake in shares of Investcorp Europe Acquisition Corp I by 18.5% in 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. 61.76% of the stock is owned by institutional investors and hedge funds.
Get Investcorp Europe Acquisition Corp I alerts:Investcorp Europe Acquisition Corp I Trading Up 0.2 %
Shares of NASDAQ:IVCB traded up $0.02 during trading on Friday, reaching $10.38. The company had a trading volume of 25,184 shares, compared to its average volume of 134,202. The firm's fifty day moving average is $10.30 and its 200 day moving average is $10.17. Investcorp Europe Acquisition Corp I has a twelve month low of $9.85 and a twelve month high of $11.39.
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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