Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY - Get Free Report) saw a large growth in short interest in October. As of October 15th, there was short interest totalling 300 shares, a growth of 50.0% from the September 30th total of 200 shares. Based on an average trading volume of 67,100 shares, the days-to-cover ratio is currently 0.0 days.
Hedge Funds Weigh In On Alchemy Investments Acquisition Corp 1
Several hedge funds have recently made changes to their positions in the business. Berkley W R Corp acquired a new stake in shares of Alchemy Investments Acquisition Corp 1 in the 2nd quarter valued at approximately $3,269,000. Wolverine Asset Management LLC boosted 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 valued at $3,591,000 after buying an additional 234,982 shares during the last quarter. Virtu Financial LLC acquired a new stake in shares of Alchemy Investments Acquisition Corp 1 in the 1st quarter valued at approximately $368,000. Condor Capital Management boosted its holdings in shares of Alchemy Investments Acquisition Corp 1 by 19.7% in the 1st quarter. Condor Capital Management now owns 19,647 shares of the company's stock valued at $208,000 after buying an additional 3,237 shares during the last quarter. Finally, Wealthspring Capital LLC boosted its holdings 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 buying an additional 21,557 shares during the last quarter. 92.46% of the stock is owned by institutional investors.
Alchemy Investments Acquisition Corp 1 Price Performance
Shares of ALCY traded down $0.01 during mid-day trading on Friday, hitting $10.90. 9,889 shares of the company's stock were exchanged, compared to its average volume of 55,232. Alchemy Investments Acquisition Corp 1 has a 52 week low of $10.35 and a 52 week high of $11.85. The company has a 50-day simple moving average of $10.87 and a 200 day simple moving average of $10.76.
Alchemy Investments Acquisition Corp 1 Company Profile
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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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