Glazer Capital LLC Has $14.48 Million Holdings in Investcorp India Acquisition Corp (NASDAQ:IVCA)

Glazer Capital LLC reduced its stake in shares of Investcorp India Acquisition Corp (NASDAQ:IVCA) by 3.5% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 1,278,049 shares of the company’s stock after selling 46,088 shares during the period. Investcorp India Acquisition comprises approximately 1.1% of Glazer Capital LLC’s portfolio, making the stock its 23rd biggest position. Glazer Capital LLC owned about 7.86% of Investcorp India Acquisition worth $14,480,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of IVCA. K2 Principal Fund L.P. bought a new position in Investcorp India Acquisition during the 4th quarter valued at $2,198,000. Quarry LP purchased a new stake in Investcorp India Acquisition in the 4th quarter valued at about $550,000. Mizuho Securities USA LLC lifted its position in shares of Investcorp India Acquisition by 280.5% during the 1st quarter. Mizuho Securities USA LLC now owns 319,759 shares of the company’s stock worth $3,549,000 after buying an additional 235,713 shares in the last quarter. Berkley W R Corp boosted its stake in shares of Investcorp India Acquisition by 57.3% in the 1st quarter. Berkley W R Corp now owns 737,682 shares of the company’s stock worth $8,262,000 after buying an additional 268,776 shares during the last quarter. Finally, Virtu Financial LLC bought a new position in shares of Investcorp India Acquisition in the first quarter valued at approximately $343,000. Hedge funds and other institutional investors own 55.98% of the company’s stock.

Investcorp India Acquisition Stock Performance

Shares of Investcorp India Acquisition stock opened at $11.50 on Tuesday. The business’s fifty day simple moving average is $11.49 and its 200 day simple moving average is $11.35. Investcorp India Acquisition Corp has a 12 month low of $10.79 and a 12 month high of $12.37.

Investcorp India Acquisition Company Profile

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.