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

Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totalling 600 shares, a decrease of 45.5% from the November 30th total of 1,100 shares. Based on an average daily volume of 37,700 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Trading of Alchemy Investments Acquisition Corp 1

Institutional investors and hedge funds have recently bought and sold shares of the stock. Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of Alchemy Investments Acquisition Corp 1 in the 3rd quarter worth approximately $1,088,000. Berkley W R Corp bought a new position in Alchemy Investments Acquisition Corp 1 in the second quarter worth $3,269,000. Wolverine Asset Management LLC lifted its position in Alchemy Investments Acquisition Corp 1 by 235.0% during the second 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 during the period. Finally, Mizuho Securities USA LLC boosted 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 in the last quarter. 92.46% of the stock is currently owned by hedge funds and other institutional investors.

Alchemy Investments Acquisition Corp 1 Stock Performance

Shares of NASDAQ:ALCY remained flat at $10.94 on Friday. 112 shares of the stock traded hands, compared to its average volume of 49,806. The stock’s 50-day moving average is $11.02 and its 200-day moving average is $10.88. Alchemy Investments Acquisition Corp 1 has a 12-month low of $10.44 and a 12-month high of $13.14.

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.