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

Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) was the recipient of a significant drop in short interest in 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 trading volume of 55,300 shares, the short-interest ratio is presently 0.0 days.

Alchemy Investments Acquisition Corp 1 Price Performance

Shares of NASDAQ:ALCY opened at $10.90 on Wednesday. Alchemy Investments Acquisition Corp 1 has a twelve month low of $10.35 and a twelve month high of $11.85. The stock’s 50 day moving average is $10.88 and its 200-day moving average is $10.79.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Condor Capital Management raised 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 stake in shares of Alchemy Investments Acquisition Corp 1 in the first quarter worth approximately $368,000. Wolverine Asset Management LLC lifted its holdings 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 purchasing an additional 234,982 shares in the last quarter. Berkley W R Corp bought a new stake in Alchemy Investments Acquisition Corp 1 during the second quarter worth $3,269,000. Finally, Mizuho Securities USA LLC raised its position in Alchemy Investments Acquisition Corp 1 by 228.2% in 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 last quarter. 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.