Wolverine Asset Management LLC cut its stake in shares of Investcorp India Acquisition Corp (NASDAQ:IVCA - Free Report) by 74.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 198,417 shares of the company's stock after selling 577,624 shares during the period. Wolverine Asset Management LLC owned approximately 1.22% of Investcorp India Acquisition worth $2,290,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Clear Street LLC bought a new stake in Investcorp India Acquisition during the second quarter worth about $114,000. Virtu Financial LLC bought a new stake in Investcorp India Acquisition in the 1st quarter valued at about $343,000. Quarry LP boosted its stake in shares of Investcorp India Acquisition by 23.3% in the 2nd quarter. Quarry LP now owns 61,667 shares of the company's stock worth $700,000 after buying an additional 11,667 shares during the last quarter. Logan Stone Capital LLC bought a new stake in Investcorp India Acquisition during the 2nd quarter valued at $1,834,000. Finally, Mizuho Securities USA LLC increased its stake in Investcorp India Acquisition by 280.5% in the first quarter. Mizuho Securities USA LLC now owns 319,759 shares of the company's stock valued at $3,549,000 after acquiring an additional 235,713 shares during the last quarter. 55.98% of the stock is owned by institutional investors and hedge funds.
Investcorp India Acquisition Stock Performance
Shares of Investcorp India Acquisition stock remained flat at $11.68 during trading on Tuesday. 130 shares of the stock were exchanged, compared to its average volume of 54,857. Investcorp India Acquisition Corp has a one year low of $10.88 and a one year high of $12.37. The stock's 50-day moving average is $11.57 and its two-hundred day moving average is $11.45.
Investcorp India Acquisition Profile
(
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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