Investcorp Europe Acquisition Corp I (NASDAQ:IVCB) Short Interest Down 95.9% in October

Investcorp Europe Acquisition Corp I (NASDAQ:IVCB) was the target of a significant decrease in short interest in October. As of October 31st, there was short interest totalling 400 shares, a decrease of 95.9% from the October 15th total of 9,700 shares. Based on an average daily trading volume, of 80,500 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On Investcorp Europe Acquisition Corp I

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Mizuho Securities USA LLC grew its holdings in shares of Investcorp Europe Acquisition Corp I by 8.7% during the 1st quarter. Mizuho Securities USA LLC now owns 815,492 shares of the company’s stock valued at $9,150,000 after purchasing an additional 65,579 shares during the last quarter. Alpine Global Management LLC acquired a new stake in Investcorp Europe Acquisition Corp I in the first quarter valued at approximately $1,693,000. Berkley W R Corp grew its stake in shares of Investcorp Europe Acquisition Corp I by 211.2% during the first quarter. Berkley W R Corp now owns 1,702,673 shares of the company’s stock worth $19,215,000 after buying an additional 1,155,505 shares during the last quarter. 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. Finally, Shaolin Capital Management LLC increased its holdings in shares of Investcorp Europe Acquisition Corp I by 75.2% during the second quarter. Shaolin Capital Management LLC now owns 350,456 shares of the company’s stock worth $3,978,000 after buying an additional 150,456 shares in the last quarter. 66.10% of the stock is currently owned by institutional investors.

Investcorp Europe Acquisition Corp I Trading Up 0.5 %

NASDAQ:IVCB traded up $0.06 during trading hours on Wednesday, reaching $11.56. 423 shares of the company were exchanged, compared to its average volume of 191,100. Investcorp Europe Acquisition Corp I has a 1-year low of $10.96 and a 1-year high of $12.16. The business has a 50 day moving average of $11.70 and a 200 day moving average of $11.48.

Investcorp Europe Acquisition Corp I Dividend Announcement

The firm also recently announced a — dividend, which was paid on Tuesday, November 12th. Shareholders of record on Monday, November 4th were paid a dividend of $0.60 per share. The ex-dividend date was Monday, November 4th.

About Investcorp Europe Acquisition Corp I

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.