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Investcorp India Acquisition (NASDAQ:IVCA) Shares Down 1.5% - Should You Sell?

Investcorp India Acquisition logo with background

Investcorp India Acquisition Corp (NASDAQ:IVCA - Get Free Report) traded down 1.5% during trading on Wednesday . The stock traded as low as $12.10 and last traded at $12.06. 132 shares traded hands during trading, a decline of 100% from the average session volume of 39,957 shares. The stock had previously closed at $12.24.

Investcorp India Acquisition Price Performance

The firm's fifty day moving average is $11.98 and its 200-day moving average is $11.83.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Investcorp India Acquisition stock. Toronto Dominion Bank bought a new stake in shares of Investcorp India Acquisition Corp (NASDAQ:IVCA - Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 49,400 shares of the company's stock, valued at approximately $583,000. Toronto Dominion Bank owned about 0.62% of Investcorp India Acquisition as of its most recent filing with the SEC. 55.98% of the stock is owned by institutional investors.

Investcorp India Acquisition Company Profile

(Get Free Report)

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.

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