Investcorp Europe Acquisition Corp I (NASDAQ:IVCB) Position Lowered by Cowen AND Company LLC

Cowen AND Company LLC trimmed its position in Investcorp Europe Acquisition Corp I (NASDAQ:IVCB) by 0.6% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 415,354 shares of the company’s stock after selling 2,601 shares during the period. Cowen AND Company LLC owned 2.31% of Investcorp Europe Acquisition Corp I worth $4,714,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IVCB. Cantor Fitzgerald L. P. bought a new stake in shares of Investcorp Europe Acquisition Corp I in the 4th quarter valued at approximately $213,000. Crystalline Management Inc. bought a new stake in Investcorp Europe Acquisition Corp I during the fourth quarter valued at $276,000. Alpine Global Management LLC acquired a new stake in shares of Investcorp Europe Acquisition Corp I during the first quarter worth $1,693,000. Fifth Lane Capital LP bought a new position in shares of Investcorp Europe Acquisition Corp I in the 1st quarter worth about $2,270,000. Finally, K2 Principal Fund L.P. acquired a new position in shares of Investcorp Europe Acquisition Corp I in the 4th quarter valued at about $3,620,000. 66.10% of the stock is owned by institutional investors.

Investcorp Europe Acquisition Corp I Price Performance

IVCB traded down $0.06 on Monday, hitting $11.45. 46,200 shares of the company’s stock were exchanged, compared to its average volume of 79,070. The stock has a fifty day moving average of $11.39 and a two-hundred day moving average of $11.33. Investcorp Europe Acquisition Corp I has a twelve month low of $10.83 and a twelve month high of $12.16.

About Investcorp Europe Acquisition Corp I

Investcorp Europe Acquisition Corp I does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or assets in the business services, consumer and lifestyle, niche manufacturing, and technology sectors.