Swiftmerge Acquisition Corp. (NASDAQ:IVCPW) Short Interest Up 58.0% in November

Swiftmerge Acquisition Corp. (NASDAQ:IVCPW) was the recipient of a large growth in short interest in 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 presently 0.7 days.

Swiftmerge Acquisition Stock Down 14.3 %

IVCPW opened at $0.12 on Friday. Swiftmerge Acquisition has a twelve month low of $0.01 and a twelve month high of $0.23. The company has a 50-day simple moving average of $0.10 and a 200 day simple 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.