Swiftmerge Acquisition Corp. (NASDAQ:IVCPU – Get Rating) shares shot up 0.3% during trading on Wednesday . The company traded as high as $10.27 and last traded at $10.27. 5,300 shares changed hands during mid-day trading, an increase of 30% from the average session volume of 4,092 shares. The stock had previously closed at $10.24.
Swiftmerge Acquisition Price Performance
The stock has a 50 day moving average price of $10.19 and a 200 day moving average price of $10.05.
Get Swiftmerge Acquisition alerts:Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in IVCPU. Clear Street LLC raised its stake in Swiftmerge Acquisition by 100.5% during the third quarter. Clear Street LLC now owns 2,807 shares of the company's stock valued at $28,000 after buying an additional 1,407 shares during the last quarter. Ergoteles LLC raised its stake in shares of Swiftmerge Acquisition by 42.1% in the first quarter. Ergoteles LLC now owns 24,017 shares of the company's stock worth $238,000 after purchasing an additional 7,117 shares during the last quarter. Virtu Financial LLC bought a new stake in shares of Swiftmerge Acquisition in the fourth quarter worth $261,000. Robinson Capital Management LLC grew its holdings in shares of Swiftmerge Acquisition by 51.0% in the first quarter. Robinson Capital Management LLC now owns 26,658 shares of the company's stock worth $264,000 after acquiring an additional 9,000 shares during the period. Finally, Sandia Investment Management LP grew its holdings in shares of Swiftmerge Acquisition by 1.2% in the third quarter. Sandia Investment Management LP now owns 2,004,210 shares of the company's stock worth $19,942,000 after acquiring an additional 24,010 shares during the period.
About Swiftmerge Acquisition
(Get Rating)
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.
Read More
- Get a free copy of the StockNews.com research report on Swiftmerge Acquisition (IVCPU)
- Roblox Gains Traction With Metaverse, Shares Pop
- GXO Logistics Manages Another Buying Opportunity
- Analysts Like The Flavor Of Restaurant Brands International
- Arista Networks In Buy Range After Topping Q4 Views
- What is Consumer Discretionary?
Receive News & Ratings for Swiftmerge Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Swiftmerge Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.