Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) Short Interest Down 75.0% in August

Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY - Get Free Report) was the recipient of a large drop in short interest in August. As of August 15th, there was short interest totalling 300 shares, a drop of 75.0% from the July 31st total of 1,200 shares. Based on an average daily volume of 50,700 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On Alchemy Investments Acquisition Corp 1

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Berkley W R Corp acquired a new position in Alchemy Investments Acquisition Corp 1 in the second quarter worth approximately $3,269,000. Wolverine Asset Management LLC grew its holdings in shares of 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 acquiring an additional 234,982 shares during the last quarter. Virtu Financial LLC acquired a new stake in shares of Alchemy Investments Acquisition Corp 1 during the first quarter worth $368,000. Condor Capital Management lifted 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 purchasing an additional 3,237 shares during the last quarter. Finally, Wealthspring Capital LLC boosted its position in shares of Alchemy Investments Acquisition Corp 1 by 11.1% in the 1st quarter. Wealthspring Capital LLC now owns 215,845 shares of the company's stock valued at $2,284,000 after purchasing an additional 21,557 shares during the period. 92.46% of the stock is owned by institutional investors and hedge funds.

Alchemy Investments Acquisition Corp 1 Stock Down 0.3 %

Shares of ALCY stock traded down $0.03 during mid-day trading on Tuesday, hitting $10.82. 5,637 shares of the stock traded hands, compared to its average volume of 49,909. The company's 50-day simple moving average is $10.77 and its 200-day simple moving average is $10.67. Alchemy Investments Acquisition Corp 1 has a twelve month low of $10.28 and a twelve month high of $11.85.

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.