Logan Stone Capital LLC Takes $1.83 Million Position in Investcorp India Acquisition Corp (NASDAQ:IVCA)

Logan Stone Capital LLC bought a new position in shares of Investcorp India Acquisition Corp (NASDAQ:IVCA) during the second quarter, according to its most recent filing with the SEC. The fund bought 161,612 shares of the company’s stock, valued at approximately $1,834,000. Logan Stone Capital LLC owned 0.99% of Investcorp India Acquisition at the end of the most recent reporting period.

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

Investcorp India Acquisition Stock Performance

Shares of IVCA opened at $11.52 on Friday. Investcorp India Acquisition Corp has a 1 year low of $10.80 and a 1 year high of $12.37. The stock’s fifty day moving average price is $11.50 and its two-hundred day moving average price is $11.35.

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.