Investcorp India Acquisition Corp (NASDAQ:IVCA - Get Free Report)'s stock price fell 0.7% during trading on Friday . The stock traded as low as $11.85 and last traded at $11.92. 2,859 shares were traded during trading, an increase of 304% from the average session volume of 708 shares. The stock had previously closed at $12.00.
Investcorp India Acquisition Stock Performance
The company has a 50-day moving average of $11.80 and a 200 day moving average of $11.63.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Investcorp India Acquisition stock. Logan Stone Capital LLC acquired a new stake in Investcorp India Acquisition Corp (NASDAQ:IVCA - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 161,612 shares of the company's stock, valued at approximately $1,834,000. Logan Stone Capital LLC owned about 0.99% of Investcorp India Acquisition as of its most recent filing with the Securities and Exchange Commission. 55.98% of the stock is owned by institutional investors and hedge funds.
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.
Further Reading
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