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Swiftmerge Acquisition (NASDAQ:IVCPU) Stock Price Up 0.1%

Defense World ·  May 2, 2023 02:43

Swiftmerge Acquisition Corp. (NASDAQ:IVCPU – Get Rating)'s stock price traded up 0.1% on Monday . The stock traded as high as $10.41 and last traded at $10.41. 451 shares were traded during mid-day trading, a decline of 99% from the average session volume of 52,574 shares. The stock had previously closed at $10.40.

Swiftmerge Acquisition Stock Up 0.1 %

The firm has a 50 day simple moving average of $10.36 and a two-hundred day simple moving average of $10.21.

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Institutional Investors Weigh In On Swiftmerge Acquisition

Several large investors have recently modified their holdings of the business. Sandia Investment Management LP increased 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 in the last quarter. Robinson Capital Management LLC grew its holdings in shares of Swiftmerge Acquisition by 51.0% during the first quarter. Robinson Capital Management LLC now owns 26,658 shares of the company's stock worth $264,000 after buying an additional 9,000 shares in the last quarter. Virtu Financial LLC bought a new position in shares of Swiftmerge Acquisition during the fourth quarter worth about $261,000. Ergoteles LLC grew its holdings in shares of Swiftmerge Acquisition by 42.1% during the first quarter. Ergoteles LLC now owns 24,017 shares of the company's stock worth $238,000 after buying an additional 7,117 shares in the last quarter. Finally, Clear Street LLC grew its holdings in shares of Swiftmerge Acquisition by 100.5% during the third quarter. Clear Street LLC now owns 2,807 shares of the company's stock worth $28,000 after buying an additional 1,407 shares in the last quarter.

Swiftmerge Acquisition Company Profile

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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.

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