Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) Sees Large Increase in Short Interest

Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) saw a large growth in short interest in September. As of September 30th, there was short interest totalling 200 shares, a growth of 100.0% from the September 15th total of 100 shares. Based on an average daily volume of 49,600 shares, the days-to-cover ratio is presently 0.0 days.

Alchemy Investments Acquisition Corp 1 Price Performance

Shares of NASDAQ:ALCY opened at $10.90 on Friday. Alchemy Investments Acquisition Corp 1 has a 1-year low of $10.33 and a 1-year high of $11.85. The business’s 50 day moving average is $10.85 and its 200-day moving average is $10.74.

Institutional Trading of Alchemy Investments Acquisition Corp 1

Several institutional investors have recently modified their holdings of the company. Wolverine Asset Management LLC boosted its stake 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 buying an additional 234,982 shares in the last quarter. Virtu Financial LLC acquired a new stake in Alchemy Investments Acquisition Corp 1 in the 1st quarter valued at $368,000. Wealthspring Capital LLC boosted its stake in Alchemy Investments Acquisition Corp 1 by 11.1% in the 1st quarter. Wealthspring Capital LLC now owns 215,845 shares of the company’s stock valued at $2,284,000 after buying an additional 21,557 shares in the last quarter. Berkley W R Corp acquired a new stake in Alchemy Investments Acquisition Corp 1 in the 2nd quarter valued at $3,269,000. Finally, Condor Capital Management boosted its stake in Alchemy Investments Acquisition Corp 1 by 19.7% in the 1st quarter. Condor Capital Management now owns 19,647 shares of the company’s stock valued at $208,000 after buying an additional 3,237 shares in the last quarter. Institutional investors and hedge funds own 92.46% of the company’s stock.

About Alchemy Investments Acquisition Corp 1

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.