Investcorp India Acquisition Corp (NASDAQ:IVCA) Short Interest Update

Investcorp India Acquisition Corp (NASDAQ:IVCA) saw a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 100 shares, a drop of 83.3% from the February 13th total of 600 shares. Based on an average trading volume of 1,300 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Investcorp India Acquisition Stock Performance

IVCA stock traded up $0.01 on Thursday, reaching $11.99. The company’s stock had a trading volume of 2,011 shares, compared to its average volume of 1,346. The business has a fifty day simple moving average of $11.91 and a two-hundred day simple moving average of $11.73. Investcorp India Acquisition has a 12-month low of $11.18 and a 12-month high of $12.37.

Hedge Funds Weigh In On Investcorp India Acquisition

A hedge fund recently bought a new stake in Investcorp India Acquisition stock. Toronto Dominion Bank acquired a new stake in shares of Investcorp India Acquisition Corp (NASDAQ:IVCA) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 49,400 shares of the company’s stock, valued at approximately $583,000. Toronto Dominion Bank owned 0.62% of Investcorp India Acquisition at the end of the most recent quarter. Hedge funds and other institutional investors own 55.98% of the company’s stock.

About Investcorp India Acquisition

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.