Jane Street Group LLC Acquires New Stake in InterCure Ltd. (NASDAQ:INCR)

Jane Street Group LLC purchased a new position in shares of InterCure Ltd. (NASDAQ:INCR) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 25,855 shares of the company’s stock, valued at approximately $49,000. Jane Street Group LLC owned approximately 0.06% of InterCure at the end of the most recent reporting period.

Separately, Renaissance Technologies LLC increased its stake in shares of InterCure by 30.9% during the 2nd quarter. Renaissance Technologies LLC now owns 45,300 shares of the company’s stock worth $91,000 after purchasing an additional 10,700 shares during the last quarter. Hedge funds and other institutional investors own 8.34% of the company’s stock.

InterCure Stock Performance

Shares of INCR opened at $1.71 on Thursday. InterCure Ltd. has a 52 week low of $1.17 and a 52 week high of $3.72. The firm’s 50-day simple moving average is $1.48 and its 200 day simple moving average is $1.82. The company has a current ratio of 1.78, a quick ratio of 1.15 and a debt-to-equity ratio of 0.15.

About InterCure

InterCure Ltd., together with its subsidiaries, engages in the research, cultivation, production, and distribution of pharmaceutical-grade cannabis and cannabis-based products for medical use in Israel and internationally. The company offers dried cannabis inflorescences and cannabis extract mixed with oil.