Investcorp Europe Acquisition Corp I (NASDAQ:IVCB - Get Free Report)'s share price shot up 2.7% during trading on Wednesday . The company traded as high as $12.09 and last traded at $12.08. 3,294,828 shares were traded during trading, an increase of 3,138% from the average session volume of 101,758 shares. The stock had previously closed at $11.76.
Investcorp Europe Acquisition Corp I Trading Down 0.1 %
The firm has a 50-day moving average of $11.61 and a two-hundred day moving average of $11.44.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Alpine Global Management LLC acquired a new position in Investcorp Europe Acquisition Corp I during the 1st quarter worth approximately $1,693,000. K2 Principal Fund L.P. acquired a new position in shares of Investcorp Europe Acquisition Corp I during the second quarter worth $1,850,000. Bluefin Capital Management LLC acquired a new position in shares of Investcorp Europe Acquisition Corp I during the second quarter worth $2,270,000. Fifth Lane Capital LP bought a new position in shares of Investcorp Europe Acquisition Corp I in the 1st quarter valued at $2,270,000. Finally, Shaolin Capital Management LLC boosted its holdings in shares of Investcorp Europe Acquisition Corp I by 75.2% during the 2nd quarter. Shaolin Capital Management LLC now owns 350,456 shares of the company's stock valued at $3,978,000 after acquiring an additional 150,456 shares in the last quarter. Institutional investors own 66.10% of the company's stock.
About Investcorp Europe Acquisition Corp I
(
Get Free Report)
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.
Read More
Before you consider Investcorp Europe Acquisition Corp I, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Investcorp Europe Acquisition Corp I wasn't on the list.
While Investcorp Europe Acquisition Corp I currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
