Shares of Swiftmerge Acquisition Corp. (NASDAQ:IVCPU – Get Rating) traded down 0.8% during trading on Thursday . The company traded as low as $10.00 and last traded at $10.03. 2,000 shares were traded during trading, a decline of 82% from the average session volume of 11,428 shares. The stock had previously closed at $10.11.
Swiftmerge Acquisition Trading Down 0.8 %
The stock's fifty day simple moving average is $10.06 and its 200 day simple moving average is $9.95.
Get Swiftmerge Acquisition alerts:Institutional Trading of Swiftmerge Acquisition
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Clear Street LLC boosted its position in shares of Swiftmerge Acquisition by 100.5% in the third quarter. Clear Street LLC now owns 2,807 shares of the company's stock worth $28,000 after purchasing an additional 1,407 shares during the period. Ergoteles LLC boosted its position in shares of Swiftmerge Acquisition by 42.1% in the first quarter. Ergoteles LLC now owns 24,017 shares of the company's stock worth $238,000 after purchasing an additional 7,117 shares during the period. Robinson Capital Management LLC boosted its position in shares of Swiftmerge Acquisition by 51.0% in the first quarter. Robinson Capital Management LLC now owns 26,658 shares of the company's stock worth $264,000 after purchasing an additional 9,000 shares during the period. Finally, Sandia Investment Management LP boosted its position in shares of Swiftmerge Acquisition by 1.2% in the third quarter. Sandia Investment Management LP now owns 2,004,210 shares of the company's stock worth $19,942,000 after purchasing an additional 24,010 shares during the period.
About Swiftmerge Acquisition
(Get Rating)Swiftmerge Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in West Vancouver, Canada.
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