Short Interest in Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) Declines By 45.5%

Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) saw a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 600 shares, a decline of 45.5% from the November 30th total of 1,100 shares. Based on an average daily trading volume, of 37,700 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.1% of the shares of the company are sold short.

Alchemy Investments Acquisition Corp 1 Price Performance

ALCY opened at $10.94 on Friday. Alchemy Investments Acquisition Corp 1 has a 1-year low of $10.44 and a 1-year high of $13.14. The business has a 50 day moving average of $11.02 and a 200-day moving average of $10.88.

Institutional Trading of Alchemy Investments Acquisition Corp 1

Hedge funds have recently bought and sold shares of the stock. Wolverine Asset Management LLC raised its holdings in Alchemy Investments Acquisition Corp 1 by 235.0% in the 2nd quarter. Wolverine Asset Management LLC now owns 334,982 shares of the company’s stock valued at $3,591,000 after acquiring an additional 234,982 shares in the last quarter. Berkley W R Corp acquired a new position in shares of Alchemy Investments Acquisition Corp 1 in the 2nd quarter valued at $3,269,000. Mizuho Securities USA LLC boosted its position in shares of Alchemy Investments Acquisition Corp 1 by 228.2% during the 3rd quarter. Mizuho Securities USA LLC now owns 939,737 shares of the company’s stock valued at $10,187,000 after acquiring an additional 653,388 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new stake in Alchemy Investments Acquisition Corp 1 in the third quarter valued at about $1,088,000. 92.46% of the stock is owned by institutional investors.

Alchemy Investments Acquisition Corp 1 Company Profile

Alchemy Investments Acquisition Corp 1, a special purpose acquisition company, focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It plans to focus on companies acquiring, processing, analysing, and utilizing data acquired from various systems and sources.