Periscope Capital Inc. lessened its stake in Investcorp India Acquisition Corp (NASDAQ:IVCA - Free Report) by 50.0% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 75,000 shares of the company's stock after selling 75,000 shares during the quarter. Periscope Capital Inc. owned approximately 0.46% of Investcorp India Acquisition worth $867,000 at the end of the most recent reporting period.
Several other hedge funds also recently modified their holdings of IVCA. Quarry LP raised its holdings in shares of Investcorp India Acquisition by 23.3% in the second quarter. Quarry LP now owns 61,667 shares of the company's stock valued at $700,000 after purchasing an additional 11,667 shares during the last quarter. Logan Stone Capital LLC purchased a new stake in shares of Investcorp India Acquisition during the second quarter valued at approximately $1,834,000. Berkley W R Corp grew its position in shares of Investcorp India Acquisition by 21.1% during the 2nd quarter. Berkley W R Corp now owns 893,354 shares of the company's stock valued at $10,157,000 after acquiring an additional 155,672 shares during the period. Clear Street LLC purchased a new stake in Investcorp India Acquisition in the 2nd quarter worth about $114,000. Finally, 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 valued at $4,668,000 after buying an additional 331,576 shares during the period. Hedge funds and other institutional investors own 55.98% of the company's stock.
Investcorp India Acquisition Stock Performance
Shares of IVCA stock remained flat at $11.68 during trading hours on Friday. 1 shares of the stock were exchanged, compared to its average volume of 351. The stock has a 50 day simple moving average of $11.60 and a two-hundred day simple moving average of $11.47. Investcorp India Acquisition Corp has a one year low of $10.88 and a one year high of $12.37.
About Investcorp India Acquisition
(
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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