Investcorp Europe Acquisition Corp I (NASDAQ:IVCB) Short Interest Up 475.0% in November

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

Investcorp Europe Acquisition Corp I Price Performance

Investcorp Europe Acquisition Corp I stock traded up $0.03 during trading hours on Wednesday, hitting $11.55. 1,089,497 shares of the stock were exchanged, compared to its average volume of 37,553. Investcorp Europe Acquisition Corp I has a 12 month low of $10.96 and a 12 month high of $12.16. The business’s 50-day moving average is $11.71 and its two-hundred day moving average is $11.50.

Investcorp Europe Acquisition Corp I Dividend Announcement

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

Institutional Trading of Investcorp Europe Acquisition Corp I

Large investors have recently added to or reduced their stakes in the company. K2 Principal Fund L.P. bought a new stake in shares of Investcorp Europe Acquisition Corp I during the second quarter valued at approximately $1,850,000. Bluefin Capital Management LLC bought a new stake in shares of Investcorp Europe Acquisition Corp I during the second quarter valued at approximately $2,270,000. Wolverine Asset Management LLC grew its stake in shares of Investcorp Europe Acquisition Corp I by 3.7% during the third quarter. Wolverine Asset Management LLC now owns 249,736 shares of the company’s stock valued at $2,944,000 after purchasing an additional 9,002 shares during the last quarter. Finally, Shaolin Capital Management LLC grew its stake in shares of 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 last quarter. 66.10% of the stock is owned by 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.