Investcorp India Acquisition Corp (NASDAQ:IVCA) Shares Sold by Glazer Capital LLC

Glazer Capital LLC trimmed its position in Investcorp India Acquisition Corp (NASDAQ:IVCA - Free Report) by 84.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 196,984 shares of the company's stock after selling 1,081,065 shares during the period. Glazer Capital LLC owned about 1.21% of Investcorp India Acquisition worth $2,273,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of IVCA. Cowen AND Company LLC increased its position in shares of Investcorp India Acquisition by 415.9% during the second quarter. Cowen AND Company LLC now owns 411,301 shares of the company's stock worth $4,668,000 after purchasing an additional 331,576 shares in the last quarter. Wolverine Asset Management LLC grew its holdings in shares of Investcorp India Acquisition by 29.8% during the second quarter. Wolverine Asset Management LLC now owns 776,041 shares of the company's stock worth $8,824,000 after buying an additional 178,244 shares in the last quarter. Logan Stone Capital LLC acquired a new stake in shares of Investcorp India Acquisition in the second quarter valued at about $1,834,000. Berkley W R Corp lifted its stake in shares of Investcorp India Acquisition by 21.1% in the second quarter. Berkley W R Corp now owns 893,354 shares of the company's stock worth $10,157,000 after buying an additional 155,672 shares in the last quarter. Finally, Virtu Financial LLC acquired a new position in Investcorp India Acquisition during the first quarter worth about $343,000. 55.98% of the stock is currently owned by hedge funds and other institutional investors.

Investcorp India Acquisition Price Performance

IVCA remained flat at $11.71 during trading on Friday. 1 shares of the company's stock were exchanged, compared to its average volume of 296. The stock has a 50-day simple moving average of $11.62 and a two-hundred day simple moving average of $11.49. Investcorp India Acquisition Corp has a twelve month low of $10.88 and a twelve month high of $12.37.

Investcorp India Acquisition Company Profile

Investcorp India Acquisition Corp does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more businesses. The company was formerly known as Investcorp Acquisition Corp.