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

Wolverine Asset Management LLC trimmed its position in shares of Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY - Free Report) by 87.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 88,071 shares of the company's stock after selling 590,142 shares during the period. Wolverine Asset Management LLC owned about 1.94% of Alchemy Investments Acquisition Corp 1 worth $964,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in shares of Alchemy Investments Acquisition Corp 1 during the third quarter valued at approximately $1,088,000. Berkley W R Corp boosted its holdings in 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 valued at $6,467,000 after acquiring an additional 290,312 shares during the period. Finally, Mizuho Securities USA LLC grew its position 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 valued at $10,187,000 after acquiring an additional 653,388 shares during the last quarter. 92.46% of the stock is currently owned by institutional investors.

Alchemy Investments Acquisition Corp 1 Stock Up 1.0 %

Shares of NASDAQ:ALCY traded up $0.12 on Wednesday, hitting $11.27. 2,000 shares of the company's stock were exchanged, compared to its average volume of 336. Alchemy Investments Acquisition Corp 1 has a 12 month low of $10.52 and a 12 month high of $13.14. The business's 50 day simple moving average is $11.05 and its two-hundred day simple moving average is $10.98.

Alchemy Investments Acquisition Corp 1 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.