Investcorp Europe Acquisition Corp I (NASDAQ:IVCB) Short Interest Up 475.0% in November

Investcorp Europe Acquisition Corp I (NASDAQ:IVCB) was the recipient of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 2,300 shares, an increase of 475.0% from the October 31st total of 400 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 102,800 shares, the days-to-cover ratio is currently 0.0 days.

Investcorp Europe Acquisition Corp I Stock Performance

NASDAQ IVCB opened at $11.55 on Thursday. Investcorp Europe Acquisition Corp I has a 12 month low of $10.96 and a 12 month high of $12.16. The company’s 50-day moving average price is $11.72 and its 200-day moving average price is $11.50.

Investcorp Europe Acquisition Corp I Dividend Announcement

The company also recently disclosed a — dividend, which was paid on Tuesday, November 12th. Investors of record on Monday, November 4th were issued a $0.60 dividend. The ex-dividend date of this dividend was Monday, November 4th.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in IVCB. K2 Principal Fund L.P. purchased a new stake in Investcorp Europe Acquisition Corp I during the second quarter worth $1,850,000. Bluefin Capital Management LLC bought a new position in shares of Investcorp Europe Acquisition Corp I in the 2nd quarter worth $2,270,000. Wolverine Asset Management LLC lifted its stake in shares of Investcorp Europe Acquisition Corp I by 3.7% during the 3rd quarter. Wolverine Asset Management LLC now owns 249,736 shares of the company’s stock worth $2,944,000 after purchasing an additional 9,002 shares during the last quarter. Finally, Shaolin Capital Management LLC boosted its position in 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 valued at $3,978,000 after purchasing an additional 150,456 shares in the last quarter. Hedge funds and other institutional investors own 66.10% of the company’s stock.

Investcorp Europe Acquisition Corp I Company Profile

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.