Swiftmerge Acquisition (NASDAQ:IVCPU) Trading Up 2%

Swiftmerge Acquisition Corp. (NASDAQ:IVCPU – Get Rating) traded up 2% on Tuesday . The company traded as high as $10.57 and last traded at $10.57. 200 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 3,135 shares. The stock had previously closed at $10.36.

Swiftmerge Acquisition Stock Up 2.0 %

The business has a 50 day moving average price of $10.28 and a two-hundred day moving average price of $10.11.

Institutional Investors Weigh In On Swiftmerge Acquisition

Hedge funds and other institutional investors have recently modified their holdings of the stock. Clear Street LLC raised its position in shares of Swiftmerge Acquisition by 100.5% in the 3rd quarter. Clear Street LLC now owns 2,807 shares of the company’s stock worth $28,000 after acquiring an additional 1,407 shares in the last quarter. Ergoteles LLC grew its stake in shares of Swiftmerge Acquisition by 42.1% in the 1st quarter. Ergoteles LLC now owns 24,017 shares of the company’s stock worth $238,000 after buying an additional 7,117 shares during the last quarter. Robinson Capital Management LLC grew its stake in shares of Swiftmerge Acquisition by 51.0% in the 1st quarter. Robinson Capital Management LLC now owns 26,658 shares of the company’s stock worth $264,000 after buying an additional 9,000 shares during the last quarter. Sandia Investment Management LP grew its stake in shares of Swiftmerge Acquisition by 1.2% in the 3rd quarter. Sandia Investment Management LP now owns 2,004,210 shares of the company’s stock worth $19,942,000 after buying an additional 24,010 shares during the last quarter. Finally, Virtu Financial LLC purchased a new stake in shares of Swiftmerge Acquisition in the 4th quarter worth approximately $261,000.

Swiftmerge Acquisition Company Profile

(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.