Short Interest in Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) Expands By 100.0%

Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) was the recipient of a significant 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 trading volume of 49,600 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On Alchemy Investments Acquisition Corp 1

A number of large investors have recently added to or reduced their stakes in the business. Berkley W R Corp bought a new stake in shares of Alchemy Investments Acquisition Corp 1 during the second quarter worth approximately $3,269,000. Wolverine Asset Management LLC grew 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 buying an additional 234,982 shares in the last quarter. Virtu Financial LLC bought a new position in Alchemy Investments Acquisition Corp 1 during the 1st quarter worth $368,000. Wealthspring Capital LLC lifted its holdings in shares of Alchemy Investments Acquisition Corp 1 by 11.1% during the first quarter. Wealthspring Capital LLC now owns 215,845 shares of the company’s stock worth $2,284,000 after buying an additional 21,557 shares in the last quarter. Finally, Condor Capital Management boosted its position in shares of Alchemy Investments Acquisition Corp 1 by 19.7% in the first quarter. Condor Capital Management now owns 19,647 shares of the company’s stock valued at $208,000 after acquiring an additional 3,237 shares during the period. Institutional investors own 92.46% of the company’s stock.

Alchemy Investments Acquisition Corp 1 Price Performance

NASDAQ:ALCY remained flat at $10.90 on Friday. The company’s stock had a trading volume of 115,909 shares, compared to its average volume of 54,641. Alchemy Investments Acquisition Corp 1 has a 12-month low of $10.33 and a 12-month high of $11.85. The firm has a 50 day moving average of $10.85 and a two-hundred day moving average of $10.74.

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.