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

Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 300 shares, an increase of 50.0% from the September 30th total of 200 shares. Based on an average daily volume of 67,100 shares, the days-to-cover ratio is presently 0.0 days.

Alchemy Investments Acquisition Corp 1 Price Performance

NASDAQ:ALCY traded down $0.01 during trading hours on Friday, reaching $10.90. The company’s stock had a trading volume of 9,889 shares, compared to its average volume of 55,232. The firm has a 50-day simple moving average of $10.87 and a 200-day simple moving average of $10.76. Alchemy Investments Acquisition Corp 1 has a 1 year low of $10.35 and a 1 year high of $11.85.

Hedge Funds Weigh In On Alchemy Investments Acquisition Corp 1

A number of hedge funds have recently modified their holdings of the company. Berkley W R Corp purchased a new position in shares of Alchemy Investments Acquisition Corp 1 in the second quarter valued at about $3,269,000. Wolverine Asset Management LLC increased its position in shares of Alchemy Investments Acquisition Corp 1 by 235.0% in the second 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 during the period. Virtu Financial LLC purchased a new position in shares of Alchemy Investments Acquisition Corp 1 in the first quarter valued at about $368,000. Condor Capital Management increased 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. Finally, Wealthspring Capital LLC increased its position in shares of Alchemy Investments Acquisition Corp 1 by 11.1% in the first quarter. Wealthspring Capital LLC now owns 215,845 shares of the company’s stock valued at $2,284,000 after acquiring an additional 21,557 shares during the period. Hedge funds and other institutional investors 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.