Investcorp India Acquisition Corp (NASDAQ:IVCA) short interest rises 133.3%

Investcorp India Acquisition Corp (NASDAQ:IVCA – Get Free Report) was the target of a large increase in short interest in June. As of June 15, the number of short interests stood at 2,100 shares, up 133.3% from 900 shares on May 31. Based on an average daily trading volume of 34,600 shares, the short interest ratio currently stands at 0.1 days. Short selling represents about 0.0% of the company’s shares.

Investcorp India Acquisition Price Performance

Shares of Investcorp India Acquisition opened at $11.35 on Friday. The company has a 50-day simple moving average of $11.30 and a 200-day simple moving average of $11.17. Investcorp India’s acquisition value hit a one-year low of $10.67 and a one-year high of $11.90.

Institutional Trading Investcorp India Acquisition

Several hedge funds have recently changed their positions in IVCA. Virtu Financial LLC acquired a new position in shares of Investcorp India Acquisition in the 1st quarter worth approximately $343,000. Quarry LP acquired a new position in shares of Investcorp India Acquisition in the 4th quarter worth approximately $550,000. K2 Principal Fund LP acquired a new position in shares of Investcorp India Acquisition in the 4th quarter worth approximately $2,198,000. Kim LLC increased its holdings in shares of Investcorp India Acquisition by 125.0% in the 4th quarter. Kim LLC now owns 225,006 shares of the company’s stock valued at $2,473,000 after acquiring an additional 125,000 shares in the last quarter. Finally, Shaolin Capital Management LLC increased its holdings in shares of Investcorp India Acquisition by 154.5% in the 3rd quarter. Shaolin Capital Management LLC now owns 300,000 shares of the company’s stock valued at $3,243,000 after acquiring an additional 850,000 shares in the last quarter. Hedge funds and other institutional investors hold 55.98% of the company’s shares.

Investcorp India acquiring company profile

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Investcorp India Acquisition Corp has no significant operations. Intends to effect a merger, stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more enterprises. The company was formerly known as Investcorp Acquisition Corp.

Investcorp India Acquisition Price Performance

Institutional Trading Investcorp India Acquisition

Investcorp India acquiring company profile

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