Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) Shares Down 0.7% – What’s Next?

Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY)’s share price dropped 0.7% on Wednesday . The stock traded as low as $11.16 and last traded at $11.08. Approximately 58 shares traded hands during trading, a decline of 72% from the average daily volume of 210 shares. The stock had previously closed at $11.16.

Alchemy Investments Acquisition Corp 1 Price Performance

The stock’s 50 day moving average is $11.03 and its two-hundred day moving average is $10.95.

Institutional Investors Weigh In On Alchemy Investments Acquisition Corp 1

Large investors have recently modified their holdings of the stock. Mizuho Securities USA LLC boosted its stake 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 in the last quarter. Wolverine Asset Management LLC lifted its holdings in shares of Alchemy Investments Acquisition Corp 1 by 102.5% during the third quarter. Wolverine Asset Management LLC now owns 678,213 shares of the company’s stock valued at $7,372,000 after acquiring an additional 343,231 shares during the period. Berkley W R Corp lifted its holdings in shares of Alchemy Investments Acquisition Corp 1 by 95.3% during the third quarter. Berkley W R Corp now owns 594,927 shares of the company’s stock valued at $6,467,000 after acquiring an additional 290,312 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of Alchemy Investments Acquisition Corp 1 in the 3rd quarter valued at $1,088,000. 92.46% of the stock is currently 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.