Short Interest in Swiftmerge Acquisition Corp. (NASDAQ:IVCPW) Increases By 58.0%

Swiftmerge Acquisition Corp. (NASDAQ:IVCPW) was the recipient of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 23,700 shares, a growth of 58.0% from the October 31st total of 15,000 shares. Based on an average trading volume of 35,300 shares, the short-interest ratio is currently 0.7 days.

Swiftmerge Acquisition Stock Down 14.3 %

Shares of NASDAQ:IVCPW traded down $0.02 on Friday, hitting $0.12. The company had a trading volume of 57,900 shares, compared to its average volume of 45,613. Swiftmerge Acquisition has a 52-week low of $0.01 and a 52-week high of $0.23. The business has a 50 day moving average of $0.10 and a 200 day moving average of $0.08.

Swiftmerge Acquisition Company Profile

Swiftmerge Acquisition Corp. does not have significant operations. It focuses on effecting 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.