Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) Short Interest Update

Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) was the recipient of a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 100 shares, a drop of 66.7% from the October 15th total of 300 shares. Based on an average daily volume of 55,300 shares, the days-to-cover ratio is presently 0.0 days.

Alchemy Investments Acquisition Corp 1 Stock Performance

ALCY opened at $10.90 on Thursday. The firm has a 50-day moving average price of $10.89 and a 200-day moving average price of $10.79. Alchemy Investments Acquisition Corp 1 has a twelve month low of $10.35 and a twelve month high of $11.85.

Hedge Funds Weigh In On Alchemy Investments Acquisition Corp 1

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Condor Capital Management lifted its holdings in shares of 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 worth $208,000 after acquiring an additional 3,237 shares during the last quarter. Virtu Financial LLC purchased a new position in shares of Alchemy Investments Acquisition Corp 1 during the first quarter valued at approximately $368,000. Wolverine Asset Management LLC grew its position in Alchemy Investments Acquisition Corp 1 by 235.0% during the 2nd quarter. Wolverine Asset Management LLC now owns 334,982 shares of the company’s stock valued at $3,591,000 after purchasing an additional 234,982 shares during the last quarter. Berkley W R Corp bought a new stake in shares of Alchemy Investments Acquisition Corp 1 in the 2nd quarter worth $3,269,000. Finally, Mizuho Securities USA LLC lifted its holdings 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 buying an additional 653,388 shares during the period. 92.46% of the stock is currently owned by hedge funds and other institutional investors.

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.