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

Investcorp Europe Acquisition Corp I (NASDAQ:IVCB) saw a large increase in short interest in November. As of November 15th, there was short interest totalling 2,300 shares, an increase of 475.0% from the October 31st total of 400 shares. Based on an average daily trading volume, of 102,800 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IVCB. Shaolin Capital Management LLC grew its holdings in Investcorp Europe Acquisition Corp I by 75.2% during the second quarter. Shaolin Capital Management LLC now owns 350,456 shares of the company’s stock valued at $3,978,000 after purchasing an additional 150,456 shares during the period. Wolverine Asset Management LLC grew its holdings in Investcorp Europe Acquisition Corp I by 3.7% during the 3rd quarter. Wolverine Asset Management LLC now owns 249,736 shares of the company’s stock valued at $2,944,000 after buying an additional 9,002 shares in the last quarter. Bluefin Capital Management LLC purchased a new position in Investcorp Europe Acquisition Corp I during the 2nd quarter valued at approximately $2,270,000. Finally, K2 Principal Fund L.P. purchased a new position in Investcorp Europe Acquisition Corp I during the 2nd quarter valued at approximately $1,850,000. Institutional investors own 66.10% of the company’s stock.

Investcorp Europe Acquisition Corp I Price Performance

Shares of IVCB opened at $11.55 on Thursday. The stock has a 50 day simple moving average of $11.72 and a two-hundred day simple moving average of $11.50. Investcorp Europe Acquisition Corp I has a 1 year low of $10.96 and a 1 year high of $12.16.

Investcorp Europe Acquisition Corp I Announces Dividend

The business also recently disclosed a — dividend, which was paid on Tuesday, November 12th. Investors of record on Monday, November 4th were given a dividend of $0.60 per share. The ex-dividend date of this dividend was Monday, November 4th.

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.