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Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) Stock Price Down 0.7% - Here's What Happened

Alchemy Investments Acquisition Corp 1 logo with Unclassified background

Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY - Get Free Report) traded down 0.7% on Wednesday . The stock traded as low as $11.16 and last traded at $11.08. Approximately 58 shares traded hands during mid-day 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 Stock Up 0.0 %

The business has a 50-day moving average of $11.03 and a 200-day moving average of $10.95.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in ALCY. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in Alchemy Investments Acquisition Corp 1 during the third quarter worth approximately $1,088,000. Berkley W R Corp increased its holdings in shares of Alchemy Investments Acquisition Corp 1 by 95.3% during the 3rd quarter. Berkley W R Corp now owns 594,927 shares of the company's stock worth $6,467,000 after acquiring an additional 290,312 shares during the last quarter. Wolverine Asset Management LLC raised its stake in Alchemy Investments Acquisition Corp 1 by 102.5% in the 3rd 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. Finally, Mizuho Securities USA LLC lifted its holdings in 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 purchasing an additional 653,388 shares during the last quarter. Institutional investors and hedge funds own 92.46% of the company's stock.

About Alchemy Investments Acquisition Corp 1

(Get Free Report)

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.

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