Tidal Investments LLC Has $461,000 Position in InterCure Ltd. (NASDAQ:INCR)

Tidal Investments LLC lessened its holdings in InterCure Ltd. (NASDAQ:INCR) by 50.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 229,500 shares of the company’s stock after selling 230,272 shares during the period. Tidal Investments LLC owned approximately 0.50% of InterCure worth $461,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in INCR. AdvisorShares Investments LLC acquired a new position in InterCure in the second quarter worth $218,000. Renaissance Technologies LLC lifted its position in 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 buying an additional 10,700 shares in the last quarter. Jane Street Group LLC bought a new stake in InterCure during the 3rd quarter worth about $49,000. Finally, Virtu Financial LLC acquired a new stake in InterCure in the 3rd quarter valued at about $43,000. Institutional investors own 8.34% of the company’s stock.

InterCure Price Performance

Shares of INCR stock opened at $1.79 on Tuesday. InterCure Ltd. has a 1 year low of $1.17 and a 1 year high of $3.72. The company has a current ratio of 1.78, a quick ratio of 1.15 and a debt-to-equity ratio of 0.15. The firm’s 50 day moving average is $1.51 and its 200-day moving average is $1.89.

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.