Glazer Capital LLC Sells 46,088 Shares of Investcorp India Acquisition Corp (NASDAQ:IVCA)

Glazer Capital LLC cut its holdings in Investcorp India Acquisition Corp (NASDAQ:IVCA) by 3.5% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 1,278,049 shares of the company’s stock after selling 46,088 shares during the period. Investcorp India Acquisition accounts for 1.1% of Glazer Capital LLC’s investment portfolio, making the stock its 23rd largest holding. Glazer Capital LLC owned 0.08% of Investcorp India Acquisition worth $14,480,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. K2 Principal Fund L.P. purchased a new stake in Investcorp India Acquisition in the fourth quarter valued at approximately $2,198,000. Wolverine Asset Management LLC raised its position in shares of Investcorp India Acquisition by 29.8% during the 2nd quarter. Wolverine Asset Management LLC now owns 776,041 shares of the company’s stock valued at $8,824,000 after buying an additional 178,244 shares in the last quarter. Cowen AND Company LLC lifted its holdings in shares of Investcorp India Acquisition by 415.9% during the 2nd quarter. Cowen AND Company LLC now owns 411,301 shares of the company’s stock worth $4,668,000 after acquiring an additional 331,576 shares during the last quarter. Clear Street LLC purchased a new position in Investcorp India Acquisition in the second quarter worth $114,000. Finally, Virtu Financial LLC bought a new stake in Investcorp India Acquisition during the first quarter worth about $343,000. 55.98% of the stock is currently owned by institutional investors.

Investcorp India Acquisition Stock Performance

Shares of NASDAQ:IVCA opened at $11.50 on Tuesday. The company’s fifty day moving average is $11.49 and its 200 day moving average is $11.35. Investcorp India Acquisition Corp has a 52 week low of $10.79 and a 52 week high of $12.37.

Investcorp India Acquisition 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.