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

Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY - Get Free Report) was the target of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 100 shares, a decrease of 66.7% from the October 15th total of 300 shares. Based on an average daily trading volume, of 55,300 shares, the days-to-cover ratio is currently 0.0 days.

Alchemy Investments Acquisition Corp 1 Price Performance

Shares of ALCY stock remained flat at $10.90 during mid-day trading on Tuesday. The company has a fifty day moving average price of $10.88 and a 200-day moving average price of $10.79. Alchemy Investments Acquisition Corp 1 has a 52-week low of $10.35 and a 52-week high of $11.85.

Hedge Funds Weigh In On Alchemy Investments Acquisition Corp 1

Several hedge funds have recently modified their holdings of the stock. Condor Capital Management increased its holdings in shares of Alchemy Investments Acquisition Corp 1 by 19.7% during 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 in the last quarter. Virtu Financial LLC acquired a new position in Alchemy Investments Acquisition Corp 1 in the 1st quarter worth approximately $368,000. Wolverine Asset Management LLC increased 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 worth $3,591,000 after buying an additional 234,982 shares during the period. Berkley W R Corp acquired a new position in Alchemy Investments Acquisition Corp 1 in the 2nd quarter worth approximately $3,269,000. Finally, Mizuho Securities USA LLC increased its holdings 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 worth $10,187,000 after buying an additional 653,388 shares during the period. Institutional investors and hedge funds own 92.46% of the company's stock.

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.