Investcorp Europe Acquisition Corp I (NASDAQ:IVCB) Short Interest Update

Investcorp Europe Acquisition Corp I (NASDAQ:IVCB) saw a large increase in short interest during the month of August. As of August 15th, there was short interest totalling 6,200 shares, an increase of 19.2% from the July 31st total of 5,200 shares. Based on an average daily volume of 42,000 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Investcorp Europe Acquisition Corp I Stock Performance

NASDAQ IVCB opened at $10.78 on Tuesday. Investcorp Europe Acquisition Corp I has a 52 week low of $10.04 and a 52 week high of $11.39. The business’s fifty day simple moving average is $10.73 and its 200-day simple moving average is $10.58.

Institutional Trading of Investcorp Europe Acquisition Corp I

Institutional investors and hedge funds have recently bought and sold shares of the stock. Westchester Capital Management LLC grew its position in shares of Investcorp Europe Acquisition Corp I by 8.2% during the second quarter. Westchester Capital Management LLC now owns 1,545,682 shares of the company’s stock worth $16,477,000 after buying an additional 116,882 shares in the last quarter. Captrust Financial Advisors purchased a new position in Investcorp Europe Acquisition Corp I in the second quarter worth $111,000. Quarry LP acquired a new stake in Investcorp Europe Acquisition Corp I in the second quarter valued at $416,000. Bulldog Investors LLP acquired a new stake in Investcorp Europe Acquisition Corp I in the second quarter valued at $2,189,000. Finally, Berkley W R Corp boosted its stake in shares of Investcorp Europe Acquisition Corp I by 31.0% during the second quarter. Berkley W R Corp now owns 1,100,226 shares of the company’s stock valued at $11,739,000 after acquiring an additional 260,385 shares during the last quarter. 56.46% of the stock is currently owned by hedge funds and other institutional investors.

Investcorp Europe Acquisition Corp I Company Profile

Investcorp Europe Acquisition Corp I does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or assets in the business services, consumer and lifestyle, niche manufacturing, and technology sectors in Western Europe.