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Wolverine Asset Management LLC Increases Stock Holdings in Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY)

Alchemy Investments Acquisition Corp 1 logo with Unclassified background

Wolverine Asset Management LLC raised its holdings in Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY - Free Report) by 235.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 334,982 shares of the company's stock after purchasing an additional 234,982 shares during the period. Wolverine Asset Management LLC owned about 2.77% of Alchemy Investments Acquisition Corp 1 worth $3,591,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in ALCY. Alberta Investment Management Corp purchased a new position in Alchemy Investments Acquisition Corp 1 in the 4th quarter valued at about $1,064,000. Cohanzick Management LLC increased its position in shares of Alchemy Investments Acquisition Corp 1 by 28.6% during the fourth quarter. Cohanzick Management LLC now owns 303,634 shares of the company's stock worth $3,167,000 after purchasing an additional 67,514 shares in the last quarter. Kim LLC raised its stake in Alchemy Investments Acquisition Corp 1 by 102.5% in the 4th quarter. Kim LLC now owns 405,000 shares of the company's stock valued at $4,295,000 after purchasing an additional 205,000 shares during the last quarter. Wealthspring Capital LLC lifted its holdings in 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 in the last quarter. Finally, Virtu Financial LLC acquired a new stake in Alchemy Investments Acquisition Corp 1 during the 1st quarter worth $368,000. 92.46% of the stock is currently owned by hedge funds and other institutional investors.


Alchemy Investments Acquisition Corp 1 Price Performance

Shares of NASDAQ ALCY remained flat at $10.83 during mid-day trading on Wednesday. 284 shares of the stock were exchanged, compared to its average volume of 48,624. The business has a fifty day simple moving average of $10.79 and a 200-day simple moving average of $10.68. Alchemy Investments Acquisition Corp 1 has a 1-year low of $10.31 and a 1-year high of $11.85.

About Alchemy Investments Acquisition Corp 1

(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.

Further Reading

Institutional Ownership by Quarter for Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY)

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